Enlarge / A T-Mobile logo at a store in New York on April 30, 2018. (credit: Getty Images | Bloomberg) T-Mobile has cut at least 5,000 jobs since completing its acquisition of Sprint despite promising that the merged company would start creating new jobs “from day one.” As noted by Light Reading today, a T-Mobile […]
Enlarge / Snow outside of a Best Buy store in Oklahoma City, Oklahoma, on Feb. 17, 2021. (credit: Nick Oxford/Bloomberg via Getty Images) Best Buy says it has trimmed its headcount by 21,000 over the last year as the pandemic has accelerated the company’s transition to selling online. Most of those losses were due to […]
The vaccine rollout and incoming Democratic administration has Wall Street feeling pretty darn optimistic: Goldman Sachs is even going as far to project 2021 GDP growth of over 6%—which, if it occurred, would be the highest growth rate since 1984. But don’t pencil it in just yet. Look no further than the jobs report on […]
It is no accident that prior to the World Series came to some decision, MLB has been getting out it how much a fiscal disaster this year was for its owners. You have to set the groundwork, and MLB needs all of its lovers to understand why its owners will soon be non-tendering a few […]