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Unilever To Layoff 3,200

Unilever has announced plans to lay off 3,200 employees in Europe as part of a productivity program aimed at boosting the growth of the company. The report further mentions that the layoffs are expected to be completed by the end of 2025 and will primarily affect office-based roles. In March, incognito blog reported a global…

Toyota Invests In EV Charging Network Ionna

Toyota has announced plans to invest in Ionna to establish a new electric vehicle (EV) charging network throughout North America in partnership with BMW, GM, Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis. According to reports, this investment will give Toyota and Lexus customers access to a public network of DC fast chargers which are scheduled to…

Bain Capital: $4.5 Billion Envestnet Acquisition Deal

Bain Capital, LP, is an American private investment firm founded in 1984 and headquartered in Boston, Massachusetts. It boasts $185 billion USD of assets under management and specializes in private equity, impact investing, public equity, tech opportunities, real estate, etc. According to reports, Bain Capital has announced plans to buy Envestnet valued at $4.5 billion…

Intuit To Layoff 1,800

Intuit Inc. is an American multinational business software company founded in 1983 and headquartered in Mountain View, California. It specializes in financial software. Some of its products include TurboTax, a tax preparation software, and Quickbooks, an accounting software for businesses. According to reports, Intuit has announced plans to lay off 1,800 employees, which amounts to…

CNN To Layoff 100

CNN, also known as Cable News Network, is a multinational 24-hour cable news channel that provides continuous coverage of news events from around the world. It was founded in 1980 and is headquartered in Atlanta, Georgia. According to reports, CNN has announced plans to lay off 100 employees as part of a plan to merge…

BMW Recalls 394,029 Vehicles For Airbag Failure

BMW has issued a recall of 394,029 vehicles in the United States due to faulty airbag inflators. According to the notice from the National Highway Traffic Safety Administration (NHTSA), the faulty airbag inflators, PSDI-5, manufactured by Takata Corporation, could explode during an airbag deployment, propelling sharp metal fragments that can hit the driver or passenger…

India: Bus Crash Kills 18

Uttar Pradesh is a state in the northern region of India. It is the most populous state in the country, with a total population of over 241 million residents as of 2021. According to reports, a double decker bus heading to New Delhi from the northern Indian state of Uttar Pradesh crashed into the back…

Lucid Recalls 12,757 Vehicles

Lucid has issued a recall of 12,757 vehicles due to a software error as well as an issue with the coolant heater. According to reports, the software error could cause the vehicle to lose drive power and increase the risk of a crash. Affected vehicles include 5,251 units of its 2022-2023 Air luxury sedans. The…

Dyson To Layoff 1,000

Dyson Limited, also known as Dyson, is a Singapore-based multinational technology company founded in 1991 as Barleta Limited in England. The company designs and manufactures household appliances such as vacuum cleaners, air purifiers, hand dryers, hair dryers, and lights. It is currently headquartered in St James Power Station, HarbourFront, Singapore. According to reports, Dyson has…

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