An internal investigation into alleged fraud at Luckin Coffee Inc. has led to the firing of several top executives at the Beijing, China-based java giant, the company announced on Tuesday (May 12). The probe was launched last month after Luckin’s board of directors was notified...
Visa terminated Jim McCarthy, the EVP of innovation and strategic partnerships, on Friday (Dec. 1). According to the company, the cause for termination was reported to be behavior that violated company policy. McCarthy will be replaced on an interim basis by Jack Forestell, Visa’s global head of merchant sales and solutions....
July 30, 2020
Walmart has reduced its workforce by laying off hundreds in its logistics, real estate and retail location planning divisions as it simplifies its business and reduces its expenses, Bloomberg reported, citing unnamed sources. However, the retailer has reported consistently rising sales, and could be among the couple of large, well-performing companies amid the pandemic, the report […]
May 12, 2020
An internal investigation into alleged fraud at Luckin Coffee Inc. has led to the firing of several top executives at the Beijing, China-based java giant, the company announced on Tuesday...
December 04, 2017
Visa terminated Jim McCarthy, the EVP of innovation and strategic partnerships, on Friday (Dec. 1). According to the company, the cause for termination was reported to be behavior that violated company policy. McCarthy will be...