Facebook parent Meta Platforms Inc. META -1.27% gave thousands of employees subpar ratings in a recently concluded round of performance reviews, a signal that more job cuts may be on the way, people familiar with the matter said. The company also cut a bonus metric, the people said, one of …
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Text size Paramount reported revenue that slightly missed expectations. Dreamstime Paramount Global stock fell sharply on Thursday after the media company reported a big miss on quarterly profits due to a slump in advertising and its CEO announced price increases in 2023. For the fourth quarter, the media company (ticker: …
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Eye-care company Bausch + Lomb Corp. named Brent Saunders as chief executive officer and chairman of its board. Mr. Saunders will succeed Joseph Papa, who had said last July that he would step down from his roles running the company and serving on its board. Bausch + Lomb announced the …
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Text size Alex Karp, CEO of Palantir, said the company was set to be profitable on a GAAP basis in 2023. Andreas Rentz/Getty Images Palantir Technologies stock surged early Tuesday. But a quarterly update from the data-analytics software company was probably not the real reason, with comments from the CEO …
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Text size Alex Karp, CEO of Palantir, said the company was set to be profitable on a GAAP basis in 2023. Andreas Rentz/Getty Images Palantir Technologies stock surged early Tuesday. But a quarterly update from the data-analytics software company was probably not the real reason, with comments from the CEO …
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