Streetbeat News

Labor Issues

PUK

Prudential Plc has appointed Ben Bulmer as CFO, succeeding James Turner who resigned due to an investigation into a Code of Conduct issue related to a recent recruitment situation.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 10:12 am

BTCUSD

Blockchain analytics firm Nansen has reduced its staff count by 30% due to harsh market conditions, following similar moves by other crypto firms such as Coinbase, Kraken, Crypto.com, and Gemini. Bitcoin is struggling to reach $28,000 levels amid macroeconomic and regulatory challenges.

Portfolio Pulse from Mehab Qureshi

May 31, 2023 | 4:52 am

PINS

Pinterest has appointed Julia Brau as its new Chief Financial Officer (CFO).

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 8:07 pm

FRBK

Republic First Bancorp has announced the election of Andrew Cohen as Independent Chairman of the Board, effective June 1. Cohen brings extensive experience in the financial industry to the role.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 8:04 pm

SPY

Richmond Fed President Barkin stated that employers are intrigued by the potential of AI, especially those who have had trouble filling positions, according to Reuters.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 5:38 pm

TSLA

Tesla has increased Cybertruck-related job postings from 20 in early April to 77, as the estimated third-quarter delivery event approaches. All positions are based in Austin, Texas, with the majority in the manufacturing category.

Portfolio Pulse from Benzinga EV Insights

May 30, 2023 | 5:37 pm

GS

Goldman Sachs is reportedly preparing for another round of layoffs, which could affect managing directors and senior executives. This would mark the third round of layoffs in a year, according to the Wall Street Journal.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 5:36 pm

PTON

Peloton is transitioning its sales team away from commission-based compensation plans, affecting both retail showroom and inside sales employees. The company is increasing base pay to offset the loss in commission pay, and sales goals will still be in place.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 3:16 pm

TSLA

Tesla is ramping up job openings related to Cybertruck manufacturing at Gigafactory Texas, with over 70 positions currently available. This suggests that the company is preparing for mass production of the highly-anticipated all-electric pickup truck, which is expected to start production this year.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 2:04 pm