The layoffs are part of a plan to simplify the corporate structure, CNBC reported.
Sales at gas stations and furniture stores contracted, while consumers still increased purchases of food and electronics.
The company's third-quarter results beat its own forecasts and analysts' estimates.
France has issued an international arrest warrant for Syrian President Bashar al-Assad, accused of complicity in crimes against humanity over chemical attacks in 2013, a judicial source and plaintiffs in the case said Wednesday.
With the rise of non-traditional forms of employment, driven by the rise of the gig economy, the crisis caused by job classifications is disrupting workers from receiving the comprehensive health coverage they need.
Without a clear standard of expectations, employees assume they are pleasing their supervisors. This is understandable as employees have only been told a slim number of responsibilities via their job description.
Dubai is forging ahead with plans to replace the world's busiest airport with an even bigger one as passenger traffic recovers to outstrip pre-pandemic levels, a top official told AFP on Wednesday.
Israeli forces raided Gaza's largest hospital Wednesday, targeting what they say is a Hamas command centre in tunnels beneath thousands of patients and civilians seeking refuge from intense combat.
UK inflation fell more than expected in October, data showed Wednesday, easing a cost-of-living crisis and relieving pressure on Prime Minister Rishi Sunak.
Indian rescuers said Wednesday they had sent medicine to 40 men trapped after the road tunnel they were building collapsed, as frantic efforts to free them entered a fourth day.
For many, gaming is a waste of time. "My parents used to tell me that games are a waste of time, but today things are different.
Equities surged Wednesday and the dollar struggled after slower-than-forecast US inflation was seen as all but putting to bed any chance of another interest rate hike, and even allowed traders to bet on a series of cuts in the new year.
Amazon on Tuesday confirmed it is partnering with Snapchat-parent Snap to let users of the ephemeral messaging service buy things from the online retail titan without leaving the app.
A non-binary Mexican magistrate whose death sparked protests and anger among the LGBTQ community appears to have been the victim of a murder-suicide committed by their partner, investigators said Tuesday.
An old T-shirt for a handful of rice or some eggs: ever more Argentines are relying on barter to survive in a fast-worsening economy dominating the debate ahead of presidential elections Sunday.
A Canadian man was "hunting for Muslims to kill" when he slammed his pickup truck into a family out on an evening stroll, the prosecution said in closing arguments Tuesday.
McDonald's boss in Britain said Tuesday the US fast-food giant faces "one to two" sexual harassment allegations from workers every week, as he vowed to tackle the issue recently exposed by the BBC.
Alistair Macrow, chief executive of McDonald's UK and Ireland, told a watchdog parliamentary committee that the chain's management also receives around five reports a week of bullying.
The study, commissioned by Disney, shows how the company contributes with jobs, taxes and businesses in the state.
Siemens Energy will receive a 15-billion-euro ($16.3-billion), state-backed rescue package, Berlin said Tuesday, as the German group struggles to overcome a crisis in its wind power unit.
Oil production and demand are both on the rise, according to the IEA, marking a contrast from the organization's "peak oil" proclamation in October.
US consumer inflation cooled more than expected last month, according to government data published Tuesday, providing welcome news for policymakers looking to control price increases without damaging the economy.
Ethiopian Airlines ordered 31 Boeing jets with an option for 36 more in a "landmark" deal on Tuesday as it joined the list of companies betting big on the growth of aviation.
Consumer prices were unchanged in October from September.
Acting Spanish Prime Minister Pedro Sanchez's agreement to grant an amnesty to hundreds of Catalan separatists in order to secure another term in office has sparked angry protests across the country.
The home improvement retailer reported quarterly sales and profit that topped analysts' expectations.
Gun salutes rang out across central London on Tuesday to mark Charles III's 75th birthday, just over a year since he became king and British head of state after the death of his mother, Queen Elizabeth II.
There was a 41-gun salute in Green Park, near Buckingham Palace, and a 62-gun salute at the Tower of London on the banks of the River Thames.
The World Health Organization insisted Tuesday that moving the most vulnerable patients from Gaza's Al-Shifa hospital has become an "impossible task".
Service managers can take simple yet effective measures to address service failures posed by the current market landscape in the post-pandemic era. The fundamental approach is to focus on service recovery.
Swiss commodities giant Glencore will acquire a majority stake in the steelmaking coal business of Canadian miner Teck Resources, the companies said on Tuesday, capping fraught negotiations between the groups.
Key iPhone supplier Foxconn posted "better-than-expected" profits in its third quarter, with leadership on Tuesday attributing the surprise jump to demand ahead of the holiday season.