CEO in Charge of FTX Restructuring Calls Case an ‘Unprecedented’ Mess
The crypto exchange exhibited a “complete failure of corporate controls,” former Enron chief John Ray said in his first detailed...
Senior Level Management
Elon Musk Recently Floated Possibility of Having a Successor at Tesla, a Board Member Says
TechTestimony came after Mr. Musk said he expected to find a new person to run social-media company Twitter Source link
Amazon to Cut 10,000 Employees From Corporate Ranks
Amazon said it is laying off employees across its corporate ranks, in a rare round of cuts for a tech...
FTX Files for Bankruptcy; Sam Bankman-Fried Steps Down as CEO
The cryptocurrency platform said Sam Bankman-Fried would remain at the company to assist with an orderly transition and it would...
WSJ News Exclusive | Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs
WSJ News ExclusiveTechLayoffs are to begin on Wednesday morning, the CEO told hundreds of executives on Tuesday Source link
Kohl’s CEO Michelle Gass Resigns to Join Levi Strauss
CEO Michelle Gass has been under attack from activist investors for sales declines and a steep drop in the department-store...
Ex-MoviePass Executives Are Charged in Securities Fraud Case
The two men are accused of engaging in a fraudulent scheme to inflate the parent company’s stock and attract new...
Peloton’s Quarterly Sales Fall Again but Losses Narrow
BusinessEarningsCompany predicts revenue could drop 37% in holiday quarter, with CEO saying turnaround is ahead of schedule Source link
Psst…There’s a Hidden Market for Six-Figure Jobs. Here’s How to Get In.
Almost every day, someone who is quietly hunting for a key hire calls Diane Hessan to ask the same question:...
Elon Musk Twitter Deal Completed, CEO and CFO Immediately Fired
Elon Musk fired several Twitter Inc. executives after completing his takeover of the company, according to people familiar with the...
Finance Chiefs Switch Jobs, Retire as Companies Face Uncertainties
A number of finance chiefs at some of the country’s biggest companies have left their jobs in recent weeks, an...
WSJ News Exclusive | Peloton Co-Founder John Foley Faced Repeated Margin Calls From Goldman Sachs as Stock Slumped
John Foley, the co-founder and former chief executive of Peloton Interactive Inc., PTON -3.41% faced repeated margin calls on money...
WSJ News Exclusive | CEO of Biotech Lobbying Group BIO on Leave Amid Clash Over Direction
The chief executive of the biotechnology industry’s top lobbying group in Washington is on leave amid dissent within the organization...
How the Inspire Brands CEO Learned to Care About Company Culture
In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those...
Elon Musk Unveils Prototype of Humanoid Robot Optimus, Says It Will Cost Less Than a Car
Mr. Musk first laid out the vision for the robot, called Optimus, a little more than a year ago at...
Exxon CEO Warns Biden Administration Against Limiting Fuel Exports
Exxon Mobil Corp. is pushing back against reductions of U.S. fuel exports urged by the Biden administration in August, arguing...
Twitter Co-Founder Dorsey Tried to Smooth the Way for Musk, Agrawal, Messages Show
Twitter Inc. co-founder Jack Dorsey tried to facilitate Elon Musk’s relationship with Twitter’s chief executive officer a day after the...
Unilever CEO to Retire Next Year After Rocky Tenure
LONDON— Unilever UL 1.03% PLC said Chief Executive Officer Alan Jope plans to retire at the end of next year,...
World Bank’s David Malpass Says He Isn’t Resigning Amid Criticism of His Climate Views
WASHINGTON—World Bank President David Malpass said Friday he wasn’t resigning from his position amid calls from climate advocates for him...
Rent the Runway to Reduce Workforce as More Customers Pause Their Subscriptions
Rent the Runway Inc. RENT 10.04% said it would reduce its corporate workforce by 24%, primarily through layoffs, as the...
