UiPath, a provider of artificial intelligence (AI)-powered enterprise automation technology, said Tuesday (July 9) that it will lay off 10% of its global workforce as part of a restructuring aimed at managing its operating expenses. The firm employed about 4,200 people worldwide as of July...
Nike tapped retired executive Tom Peddie to boost its retail partnerships. “Tom spent many years at Nike leading global sales before becoming the general manager of emerging markets, and then heading up the North America geography,” the company said in a statement provided to PYMNTS...
Checkout-focused FinTech Skipify has named veterans of Paypal, Visa and Airbnb to two executive positions. Sam Shrauger has been appointed as the firm’s chief operating officer, while Lucy Morse is Skipify’s new vice president of enterprise sales, the company announced in a news release provided...
Safle, a self-sovereign identity protocol and non-custodial wallet, has overhauled its leadership and raised funds at a valuation of $77 million. Apoorv Shankar, who has been building related products since 2013, now leads technology and product vision at Safle, while Shikha Mehra, who heads a Web3...
JPMorgan Chase’s chief global market strategist Marko Kolanovic is reportedly stepping down. That’s according to a Wednesday (July 3) report by Bloomberg News, citing an internal memo. That memo says that Kolanovic — a 19-year employee of the country’s largest lender and also its head...
European banking giant HSBC is reportedly slowing hiring and asking investment bankers to reduce expenses. It’s part of an effort by CEO Noel Quinn to reduce costs as banks around the world anticipate interest rate cuts, Bloomberg reported Tuesday (July 2). HSBC is in some...
The Federal Reserve Bank of Atlanta has a new first vice president and chief operating officer. Cheryl Venable, who has been with the bank since 1991, will assume her new role Aug. 1, the Federal Reserve announced in a news release Thursday (June 27). Her...
Citigroup’s head of risk data, analytics, reporting and tech Peter Cai has reportedly become the latest senior executive to leave the bank. Cai’s departure was announced internally on Tuesday (June 25) and a Citigroup spokesman confirmed the move Wednesday (June 26), Reuters reported Wednesday. The...
MoneyLion has appointed Pinterest and Google veteran Jon Kaplan as its first chief revenue officer (CRO). In his new position, Kaplan will focus on expanding MoneyLion’s market share and leveraging the company’s data assets to create new revenue opportunities, the financial technology ecosystem firm said...
