Why it matters
Large layoffs signal trouble in a company or industry and affect local economies.
Layoffs in the news
More Business terms
Quarterly results
A public company's report of its revenue, profit and outlook for a three-month period.
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.
Bankruptcy
A legal process for people or companies that cannot repay their debts, in which assets are sold or debts restructured under court supervision.
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