During a virtual town hall meeting, Elon Musk reportedly told Twitter employees that he wants the social media app to have a billion users while applauding TikTok for being entertaining, as well as China’s WeChat for keeping people engaged.

At townhall, Musk wanted Twitter to be like TikTok, WeChat, have a billion users: Report

Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put in place by top shareholder Japan's SoftBank Group after it took control of the company this week, Financial Times reported on Wednesday.

WeWork plans to lay off 4,000 staff: Report

General Motors is expected to lay off about 4,000 salaried workers under a reorganization announced late last year, a person familiar with the matter said Friday.

General Motors to lay off about 4,000 salaried workers: Report

General Motors is expected to announce on Monday the closure of a factory in the Canadian city of Oshawa, putting almost 3,000 jobs at risk, Canadian channel CTV reported.

General Motors to close Canadian factory, putting 3000 jobs at risk: Report

Ericsson aims to reach an annual cost reduction run rate of at least $1.2 billion by mid-2018

Ericsson could dismiss 25,000 employees in cost-cutting drive

But this is just the beginning and the banking major 8000 jobs all over Britain

HSBC axes 840 IT jobs in Britain in first wave of planned cuts

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