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LiveMint - Companies 18d ago
Lucid layoffs: 1,500 jobs cut, COO Marc Winterhoff out — EV maker has now shed nearly 30% of its workforce in 4 months
Lucid Group is cutting roughly 1,500 jobs — its second major round of layoffs in four months — as COO Marc Winterhoff exits and the US EV market continues to cool. Here is what it means for the company's future
FELFELDVRFMNLMARCVMARCINDCapital GoodsConsumer Services
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ET Markets - Industry 56d ago
LVMH to sell Marc Jacobs to WHP, G-III
LVMH has taken a bold step by selling the iconic Marc Jacobs fashion label to a partnership formed by WHP Global and G-III Apparel Group. Marc Jacobs will still hold the reins as creative director, ensuring the brand's identity remains intact.
GLOBALGOCOLORSMARCVMARCINDCapital GoodsConsumer Services
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CNBC TV18 - Markets 72d ago
Global markets turn selective as AI, oil and capital flows drive divergence: Manulife Investments
Marc Franklin, Deputy Head of Multi Asset Solutions, Asia at Manulife Investments explains how AI investments, rising oil prices and shifting capital flows are driving divergence across global equity markets.
AKCAPITARIHANTCAPCPCAPECAPINSUREGLOBALGROWWCAPMMARCOILVMARCINDCapital GoodsConsumer Services