Why it matters
Large layoffs signal trouble in a company or industry and affect local economies.
Layoffs in the news
More Business terms
Acquisition
The purchase of one company by another, giving the buyer control of the target's business.
Revenue
The total money a company earns from selling goods or services before any costs are subtracted.
Quarterly results
A public company's report of its revenue, profit and outlook for a three-month period.
Merger
The combination of two companies into one, often negotiated alongside an acquisition, where one company buys another.
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