Salesforce Inc., a US-based company that offers cloud-based business solutions for customer engagement, intends to hire 3,300 people for several departments. 10% of the company's workforce were let go earlier this year as part of an operational restructuring. The difficulty, according to...

In a significant reorganisation, Citigroup will eliminate a layer of management and make employment cuts. This will give CEO Jane Fraser more direct power as she works to streamline the Wall Street behemoth and raise its stock price.   The CEO will be directly responsible to the heads of the...

Early in 2021, investment management company Artisan Partners informed a prospective board member of Danone that it had grown its holdings in the French food behemoth to more than 3%. Danone's performance has fallen short on practically all counts, according to Artisan, who demanded improvement....

Sources told the FT that the head of Citigroup is thinking about dividing the company's institutional clients division into three sections. Citigroup CEO Jane Fraser is thinking of dividing the Institutional Clients Group (ICG) into three sections, as reported by the Financial Times. Fraser...

The aggregate wealth of the top 500 global billionaires climbed by $852 billion in the first half of the year. The figures come from the Bloomberg Billionaires Index. This mostly reflects the fact that stock growth has resumed following decreases the previous year. The S&P 500 Index increased...

According to four persons with firsthand knowledge of the situation, Nissan has opened an investigation into charges made by a top adviser that Chief Executive Makoto Uchida secretly watched his deputy Ashwani Gupta.   In a letter dated April 19 to the independent directors on the board of...

The Wall Street Journal reports that SVB Securities' managers will purchase the company for $55 million cash under the direction of its chief executive. According to The Wall Street Journal, management at investment bank SVB Securities, led by its chief executive Jeff Leerink, will purchase the...

The British engineering corporation Rolls-Royce may fire thousands of workers as part of a downsizing initiative. The British engineering firm Rolls-Royce Holdings Plc may fire thousands of workers, according to a source in the consulting industry, The Times said. 10% of the company's 30,000...

Linda Yaccarino, president of advertising at NBCUniversal, might replace Elon Musk as CEO of Twitter, according to the WSJ’s sources. Linda Yaccarino, the chief of advertising at NBCUniversal, is in negotiations to lead Twitter, according to The Wall Street Journal, which cited persons familiar...