Streetbeat News

Labor Issues

SBUX

Seventeen Starbucks employees at the Alder Crossing location in Surrey, B.C., have joined the United Steelworkers union, aiming for better workplace protections.

Portfolio Pulse from

March 19, 2025 | 4:15 pm

MS

Morgan Stanley plans to cut approximately 2,000 jobs, excluding financial advisers, to enhance operating efficiency.

Portfolio Pulse from

March 19, 2025 | 4:00 pm

MS

Morgan Stanley is reportedly planning to lay off approximately 2,000 employees to reduce costs, as per a Bloomberg report.

Portfolio Pulse from

March 19, 2025 | 12:30 pm

MS

Morgan Stanley plans to cut 2,000 jobs, which is about 3% of its workforce, excluding financial advisers, to improve efficiency.

Portfolio Pulse from

March 18, 2025 | 10:45 pm

DCOM

Dime Community Bancshares, Inc. (NASDAQ: DCOM) has announced the hiring of Jim LoGatto as Executive Vice President, marking an expansion in Manhattan.

Portfolio Pulse from

March 18, 2025 | 10:45 pm

DCOM

Dime Community Bancshares, Inc. (NASDAQ: DCOM) has announced the hiring of Jim LoGatto as an Executive Vice President, marking an expansion in Manhattan.

Portfolio Pulse from

March 18, 2025 | 10:45 pm

CRGX

CARGO Therapeutics has suspended the development of CRG-023 and its allogeneic platform, implementing a 90% reduction in workforce to conserve cash. The company is exploring strategic options, including a reverse merger, with Anup Radhakrishnan as interim CEO.

Portfolio Pulse from

March 18, 2025 | 8:15 pm