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Netflix, Alphabet, Nordstrom, PagerDuty, more

CFO News Room

While Netflix missed earnings expectations, it added more subscribers than analysts were forecasting. after CEO Sundar Pichai announced the company will lay off 12,000 employees and explained in a memo that the company “hired for a different economic reality than the one we face today.”

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Netflix, Coinbase, Alphabet, SVB Financial & more

CFO News Room

after CEO Sundar Pichai announced the company will lay off 12,000 employees noting in a memo that the company “hired for a different economic reality than the one we face today.” ” Eli Lilly — Shares of the pharmaceutical company fell more than 2% after the U.S. .” Concentrix — The stock declined 1.7%

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Russia in Ukraine: Let Loose the Dogs of War!

CFO News Room

As the world’s attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

Economics 130
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Fitch: Omicron unlikely to bring a repeat of 1H20’s unprecedented global GDP contraction

Future CFO

The possibility of a new variant that requires significant non-pharmaceutical interventions (NPIs), such as highly stringent nationwide lockdowns, to contain transmission is a continuing risk to the global economy, Fitch said.

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Pay rises are making a comeback in Asia Pacific

Future CFO

Companies in the region plan to give employees larger rises next year as they recover from the economic fallout of the pandemic and face mounting challenges attracting and retaining employees, according to the latest Salary Budget Planning Report by the company. Companies in APAC are projecting average salary increases of 5.3%

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2:00PM Water Cooler 11/3/2022 | naked capitalism

CFO News Room

From the eighteenth century onward, the increasing complexity of economic and political institutions and the increasing abstraction of governance has tended to diffuse impunity from individuals to impersonal forces like “markets.” Employment Situation: “United States Initial Jobless Claims” [ Trading Economics ]. Stats Watch.

Economics 130
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Hong Kong and China IPO markets to stay resilient amid turbulence

Future CFO

The IPO markets in Hong Kong and China are well supported to continue to perform vibrantly in the rest of 2021, thanks to the ample liquidity from various monetary and economic easing measures in the world to dissipate the negative impact brought by the ongoing pandemic, said Deloitte China recently when releasing an outlook report. .