HPE lays out US$1 billion savings plan, pay cuts – Finance- Tempemail – Blog – Emails

Hewlett Packard Enterprise on Thursday unveiled a plan targeting gross savings of at least US$1 billion by 2022 and cut the base salaries of top executives by 25 percent as the software maker seeks to weather the coronavirus crisis. Shares, down about 35 percent this year, fell nearly 6 percent in extended trading after the […]

Uber Lays Off 14% of Global Workforce due to COVID-19 | Tempemail – Blog – Emails

Sourced from CNet. Uber is laying off thousands of its employees as the ongoing pandemic continues to impact business. The company said in a filing on Wednesday that it is cutting about 3,700 full-time roles or roughly 14% of its staff on the company’s customer support and recruiting teams in response to the reduced volume […]