May 20, 2026, 01:13 PM ET The Portland Trail Blazers have laid off a major number of business-side employees as half of a reorganization below new proprietor Tom Dundon. “As part of our plans to position the organization for the future, we made the difficult decision to restructure several areas of the business,” Blazers president…
Valneva is deliberate to shrink its headcount by up to 15% because the French vaccine developer continues to search methods to lower prices. The firm—whose vaccines embody the Japanese encephalitis shot Ixiaro and the cholera vaccine Dukoral—noticed first-quarter 2026 revenue drop to 30.9 million euros ($36.2 million) from 49.2 million euros ($57.6 million) for a…
Coinbase CEO Brian Armstrong is adapting the corporate for the AI age, reducing 14% of staff and reimagining its org chart to carry the corporate again to its startup roots. Armstrong mentioned the layoffs, which might have an effect on just underneath 700 staff primarily based on Coinbase’s last employee count, are partly due to…
