Layoff

Galera Reports Fourth Quarter and Full Year 2023 Financial Results and Recent Corporate Updates

Retrieved on: 
Thursday, March 28, 2024
Research, HNC, Symantec Endpoint Protection, Head, Type, Manganese, Chronic kidney disease, Incidence, ASN, CKD, New Drug Application, LAPC, Patient, Layoff, CRL, NDA, Cancer, Galera, Workforce, Pancreatic cancer, Clinical trial, Cisplatin, Society, Therapy, GRECO, File, Food, SOM, FDA, PDUFA, Pharmaceutical industry

We are continuing to explore strategic options to maximize value to our shareholders, including a potential development path for avasopasem.

Key Points: 
  • We are continuing to explore strategic options to maximize value to our shareholders, including a potential development path for avasopasem.
  • The Prescription Drug User Fee Act (PDUFA) target date assigned by the FDA for the NDA was August 9, 2023.
  • Research and development expenses were $3.2 million in the fourth quarter of 2023, compared to $8.1 million for the same period in 2022.
  • General and administrative expenses were $2.0 million in the fourth quarter of 2023, compared to $5.0 million for the same period in 2022.

Press release - EU job seeker’s aid worth €3 million for 835 dismissed steel workers in Germany

Retrieved on: 
Tuesday, April 9, 2024
Employment, Aggression, Committee, Sale, Layoff, S&D, Parliament, EGF, Workforce, SME, Creative industries

On Monday, the Committee on Budgets approved Germany’s request for support from the European Globalisation Adjustment Fund for Displaced Workers (EGF).

Key Points: 
  • On Monday, the Committee on Budgets approved Germany’s request for support from the European Globalisation Adjustment Fund for Displaced Workers (EGF).
  • Following years of financial losses, a number of restructuring and downsizing measures and a dedicated recovery plan were launched in 2018.
  • The total cost of the proposed measures is €4.97 million, with the EGF covering 60% (€2.98 million) and the remaining funds provided by German national sources.
  • Tailor-made support for dismissed workers
    The support includes guidance, including counselling and vocational orientation, job search assistance like job scouting and participation in job fairs, as well as training offers.

Press release - EU job seeker’s aid worth €1.9 million for 390 dismissed workers in Denmark

Retrieved on: 
Tuesday, April 9, 2024
Employment, Meat, EPP, Committee, Sale, Layoff, Parliament, EGF, SME

On Monday, the Committee on Budgets approved Denmark’s request for support from the European Globalisation Adjustment Fund for Displaced Workers (EGF).

Key Points: 
  • On Monday, the Committee on Budgets approved Denmark’s request for support from the European Globalisation Adjustment Fund for Displaced Workers (EGF).
  • Danish Crown is a group of food companies engaged in the butchery, processing and sale of pork and beef.
  • As a result, Danish Crown decided to close one of its six slaughterhouses in Denmark, laying off 390 workers.
  • Another focus will be on language skills, as 41% of the dismissed workers are not fluent in Danish.

Galera Reports Third Quarter 2023 Financial Results and Recent Corporate Updates

Retrieved on: 
Tuesday, November 14, 2023
NDA, Cisplatin, Disclosure, Galera, Chronic kidney disease, Annual general meeting, Superoxide dismutase, ASN, ASTRO, Food, Type, SBRT, Head, Incidence, Investment, New Drug Application, Clinical trial, American Society of Nephrology, Insurance, Patient, Workforce, Research, Radiation therapy, Death, FDA, CKD, Neoplasm, LAPC, Therapy, Manganese, Enterocyte, GRECO, Cancer, CRL, Symantec Endpoint Protection, Combination, Superoxide dismutase mimetics, Layoff, Society, HNC, Poster, Pharmaceutical industry

MALVERN, Pa., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Galera Therapeutics, Inc. (Nasdaq: GRTX), a clinical-stage biopharmaceutical company focused on developing a pipeline of novel, proprietary therapeutics that have the potential to transform radiotherapy in cancer, today announced financial results for the third quarter ended September 30, 2023 and provided recent corporate updates.

Key Points: 
  • The Company is exploring potential strategic alternatives, as it is not feasible to conduct an additional trial with the Company’s current resources.
  • Research and development expenses were $6.1 million in the third quarter of 2023, compared to $8.1 million for the same period in 2022.
  • General and administrative expenses were $5.0 million in the third quarter of 2023, compared to $4.9 million for the same period in 2022.
  • As of September 30, 2023, Galera had cash, cash equivalents and short-term investments of $28.4 million.

Wiley Reports Second Quarter 2024 Results

Retrieved on: 
Wednesday, December 6, 2023
Media, Communications, Publishing, Public Relations, Investor Relations, Sale, EBITDA, Layoff, Research, NYSE, Interim, Sold, Share repurchase, Learning, Universal Service Fund, WLYB, Calendar, EPS, GAAP, Adjustment, Growth, Hindawi, Video game, Bank, Fine chemical, Bookkeeping, Security (finance)

Wiley (NYSE: WLY and WLYB), one of the world’s largest publishers and a global leader in research and learning, today reported results for the second quarter ended October 31, 2023.

Key Points: 
  • Wiley (NYSE: WLY and WLYB), one of the world’s largest publishers and a global leader in research and learning, today reported results for the second quarter ended October 31, 2023.
  • Fiscal 2025 and 2026 is where we will realize the full benefits of our current actions.”
    See accompanying financial tables for the second quarter and year-to-date 2024.
  • Wiley announced the sale of University Services during the quarter with an anticipated close in early calendar 2024.
  • Fiscal Year 2024 is a transition year for Wiley as it divests non-core assets and streamlines the organization.

New MIT Sloan Management Review Article Reveals that the AI Industry Could Soon Be One of the Largest Contributors to Carbon Emissions

Retrieved on: 
Tuesday, December 12, 2023
Carbon, Data management, Natural Resources, Sundberg, Kuehne + Nagel, Climate change, Layoff, Machine learning, MIT Sloan Management Review, Water, Heat, ChatGPT, AI, Microsoft, Education, Architecture, Renewable energy, Medical device

Training OpenAI's GPT-3 model is estimated to have used the equivalent of 120 average U.S. households' annual energy consumption.

Key Points: 
  • Training OpenAI's GPT-3 model is estimated to have used the equivalent of 120 average U.S. households' annual energy consumption.
  • An average data center, critical infrastructure for AI, consumes the equivalent of heating 50,000 homes yearly.
  • "Several factors contribute to the carbon footprint of AI systems throughout their life cycles," explains Niklas Sundberg, author of the article, " Tackling AI's Climate Change Problem ."
  • The MIT Sloan Management Review article " Tackling AI's Climate Change Problem " publishes at 8 a.m.

Ansys Named to Newsweek's List of the Top 100 Global Most Loved Workplaces for 2023

Retrieved on: 
Thursday, July 20, 2023
Workforce, BPI, Culture, ANSYS, Workplace, Layoff, The Youngest Was the Most Loved, Transport, Courage, Management, Ansys, Newsweek

PITTSBURGH, July 20, 2023 /PRNewswire/ -- Newsweek announced their annual rankings for the Top 100 Global Most Loved Workplaces® list, and Ansys (NASDAQ: ANSS) was ranked #27. The 2023 Global Top 100 Most Loved Workplaces® is the newest list in the Most Loved Workplace® collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company.

Key Points: 
  • Ansys named to Top 100 Global Most Loved Workplaces® list, which recognizes companies that put respect, caring, and appreciation for their employees at the center of their business model
    PITTSBURGH, July 20, 2023 /PRNewswire/ -- Newsweek announced their annual rankings for the Top 100 Global Most Loved Workplaces® list, and Ansys (NASDAQ: ANSS) was ranked #27.
  • The 2023 Global Top 100 Most Loved Workplaces® is the newest list in the Most Loved Workplace® collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company.
  • "While workplace dynamics continue to evolve, the power of a positive culture remains constant," says Nancy Cooper, Global Editor in Chief of Newsweek.
  • "The companies featured on the 2023 Global Most Loved Workplaces® list embody this transformative spirit, proving that when companies prioritize their people, success naturally follows."

Press release - EU job seekers’ aid worth €2.2 million for 603 dismissed workers in Belgium

Retrieved on: 
Friday, June 30, 2023
Unemployment, Kuehne + Nagel, Employment, United States Congressional Joint Select Committee on Budget and Appropriations Process Reform, Budget, EPP, COVID-19, Layoff, Member of the European Parliament, Aggression, EGF, Parliament, Wallonia, Committee, European Globalisation Adjustment Fund for Displaced Workers, Automation, Fund, CY, Warehouse, EU

On Thursday, the Committee on Budgets approved Belgium’s request for support from the European Globalisation Adjustment Fund for Displaced Workers (EGF).

Key Points: 
  • On Thursday, the Committee on Budgets approved Belgium’s request for support from the European Globalisation Adjustment Fund for Displaced Workers (EGF).
  • MEPs acknowledged that “the COVID-19 pandemic and the Russian war of aggression against Ukraine have reduced economic competitiveness and have a negative impact on economic growth in Belgium”.
  • The total estimated cost of these measures amounts to approximately €2.5 million, of which the EGF will cover 85% (€2.2 million).
  • Member states can apply for EU funding when at least 200 workers lose their jobs within a specific reference period.

Valiant Named to Newsweek’s List of the Top 100 Global Most Loved Workplaces for 2023

Retrieved on: 
Thursday, June 22, 2023
Great Resignation, Most, BPI, Adaptive comparative judgement, Culture, Workplace, Research, Layoff, Valiant, HBCT Warfighters' Forum, Glassdoor, The Youngest Was the Most Loved, Management, Newsweek

HERNDON, Va. and NEW YORK, June 22, 2023 (GLOBE NEWSWIRE) -- Newsweek has announced their annual rankings for the Top 100 Global Most Loved Workplaces® list, and Valiant is proud to share that the company is ranked #33.

Key Points: 
  • HERNDON, Va. and NEW YORK, June 22, 2023 (GLOBE NEWSWIRE) -- Newsweek has announced their annual rankings for the Top 100 Global Most Loved Workplaces® list, and Valiant is proud to share that the company is ranked #33.
  • The 2023 Global Top 100 Most Loved Workplaces® is the newest list in the Most Loved Workplace® collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company.
  • "We are excited to be named a Top 100 Global Most Loved Workplace.
  • “The companies featured on the 2023 Global Most Loved Workplaces® list embody this transformative spirit, proving that when companies prioritize their people, success naturally follows."

Kaplan Named to Newsweek’s List of the Top 100 Global Most Loved Workplace for 2023

Retrieved on: 
Tuesday, June 13, 2023
Human Resources, Other Education, Continuing, Professional Services, University, Education, Training, Business, Great Resignation, Most, BPI, Adaptive comparative judgement, Culture, Research, Layoff, Student, Glassdoor, The Youngest Was the Most Loved, Management, Newsweek, Workplace

Newsweek has named Kaplan to its Top 100 Global Most Loved Workplaces® list .

Key Points: 
  • Newsweek has named Kaplan to its Top 100 Global Most Loved Workplaces® list .
  • The 2023 Global Top 100 Most Loved Workplaces® is the newest ranking list in the Most Loved Workplace® collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company.
  • “The companies featured on the 2023 Global Most Loved Workplaces® list embody this transformative spirit, proving that when companies prioritize their people, success naturally follows."
  • For more information on how to apply to become a certified Most Loved Workplace, go to: https://mostlovedworkplace.com .