A Twitter employee has told Sky News his laptop has been remotely wiped and he’s been locked out of his accounts as the company considers mass layoffs.
US song rights collecting society BMI has announced plans to make almost 10% of its workforce redundant, less than two weeks after announcing that it had abandoned plans to sell itself off. “I’m writing to let you know about some difficult actions we took today”, wrote CEO Mike O’Neill in a recent memo to staff obtained […]
The Bank of England is trying to use higher borrowing costs to cool runaway inflation – but the timing was slammed by ex-MPC member Professor Blanchflower, who said he would vote to cut rates instead