Ola CEO and co-founder Bhavish Aggarwal told employees that the layoffs were "the toughest decision I have ever taken."
Frontline workers will continue to receive hazard pay if they work for one of these companies.
Kohl's is getting rid of eight women's clothing brands due to reduced demand. Here's which brands are going away.
The 2019 Chevy Corvette Z06 has a top speed of 195 mph and can hit 60 mph in 2.95 seconds.
JC Penney could be scooped up by e-commerce giant Amazon as the two companies are reportedly in talks about a possible acquisition.
Several restaurants under the Darden Restaurants' umbrella have reopened their dining rooms. Here's what you can expect.
Ovo Energy will reduce redundant jobs as it shifts its business online, causing 2,600 workers to be laid off by the company.
Pier 1 Imports will liquidate its inventory and sell off its assets and e-commerce business as soon as it is allowed to reopen its stores.
LA Fitness will start to reopen some gym locations on Monday. Here's what will be different for members.
Centric Brands has filed for Chapter 11 bankruptcy protection. The retailer will go private and be owned by its lenders as it looks to wipe out a portion of its debt.
JC Penney will close 242 underperforming stores as part of its bankruptcy restructuring plan.
Ford's Bronco and Bronco Sport are now expected to arrive in 2021, instead of 2020 as previously planned.
Costco store hours are back to normal at most locations and some other restrictions have been lifted. Here's what you need to know.
A total of 25 Apple stores in California, Washington, Florida, Colorado, Hawaii, and Oklahoma will reopen this week with restrictions.
WW International will begin reopening its brick-and-mortar locations in phases as it turned to virtual meetings with its members.
Burger chain Krystal was scooped up by Fortress Investment Firm after filing for bankruptcy in January.
Golden Corral will offer cafeteria-style and family-style dining as it reopens its buffet restaurants. Here's what it will entail.
JC Penney could file for bankruptcy as soon as Friday, but has made a $17 million interest payment that it owed in early May.
Mall of America has implemented a series of safety procedures as it gets ready to reopen its doors amid the coronavirus pandemic.
Office Depot will close or consolidate an undisclosed number of stores and distribution centers by 2023, in addition to reducing its workforce by 13,100 workers.