OvalX Future in Doubt as Layoffs Begin
OvalX (previously known as ETX Capital) might be in the process of shutting down its operations and starting layoffs, an industry insider close to the company revealed to Finance Magnates. It came after the takeover of the FX ad CFDs broker by Swiss private equity firm Guru Capital. According to the source, the company has […]
GOOG jumps on layoffs affecting 6% of search giant’s workforce
Alphabet will lay off about 12,000 employees. GOOG stock has benefited from the news on Friday. Alphabet will focus on AI technolgy. $102 is the next price target for GOOG bulls. Alphabet (GOOG) stock advanced 3.7% to $97.40 on Friday after the paid search and online advertising behemoth announced 12,000 job cuts. Recent data suggests Alphabet, […]