Sony, Ajinomoto rise in Japan profit charts on restructuring, price hikes

Sony, Ajinomoto rise in Japan profit charts on restructuring, price hikes

TOKYO — The lineup of the most profitable Japanese companies in various industries is set to look very different in fiscal 2023 than five years earlier, underscoring how those adapting to inflation and other changes in the business climate are reaping the benefits. Nikkei compared companies’ net profit forecasts for this fiscal year and fiscal … Read more

Discord latest tech company to go for mass layoffs, confirms firing 17 per cent of workforce

Discord latest tech company to go for mass layoffs, confirms firing 17 per cent of workforce

New Delhi,UPDATED: Jan 12, 2024 09:04 IST Popular social messaging platform Discord has announced its biggest layoff, removing 17 percent of its workforce as part of strategic planning. The company’s announcement of layoffs follows the recent announcements of job cuts by big tech giants including Google, Amazon, Meta, and others. Discord CEO Jason Citron, in … Read more