Justin Sullivan / Staff / Getty Images ... of its workforce. CEO Jamie Iannone told employees in a letter that the company's headcount had outpaced the growth of the business. eBay's stock price ...

Shares of Sage Therapeutics were trading lower after the biopharmaceutical company said it plans to slash a third of the workforce. Sage stock dropped 5.5% to $6.87 in Thursday trading ...

The shares of Lucid Group LCID gained 3% in pre-market trading after the California-based EV maker said on Friday that it is laying off about 6% of its workforce ... Lucid stock was up 2.94% ...

Cisco Systems stock rallied, after the networking-equipment company said it plans to cut its workforce by 7%, or about 6,000 people. Cisco unveiled the job cuts late Wednesday, citing a need to ...

But that didn’t seem to be enough. Shares of the stock have now plummeted by more than 90% year to date. In addition to reducing its workforce by up to a quarter, the bank said it would take ...