IBM to cut about 3,900 workers, still hiring in ‘higher growth’ areas
The cuts will focus on workers remaining after spinning off the Kyndryl and Watson Health units and will cost the company about $300 million.
Hedge fund Elliott takes multibillion-dollar Salesforce stake
The move comes after layoffs and a deep stock swoon at the enterprise software giant.
Zoom says competition and job cuts haven’t hurt its business
After gaining millions of users at the height of the pandemic, Zoom is trying to reverse slowing growth by expanding its tools for business.
Salesforce orders some workers back to offices as growth slows
Salesforce, one of the first tech companies to let employees work from anywhere, is requiring some workers to return to the office and abide by...
Software makers’ restrictive license rules targeted by new group
More than a dozen companies launched an organization to advocate for less-restrictive software licensing rules, targeting cloud providers like Microsoft.
National parks are so crowded that Congress is getting involved
Post-pandemic travel has hit national parks particularly hard with record attendance leading to overcrowding, litter and vandalism. More than 31 million people visited a National...