America today is a hotbed of corporate mergers and acquisitions. Large companies take over smaller, more vulnerable ones in an attempt to expand their market share and increase their bottom line. But too often, the public loses out: prices go up, workers lose their jobs or experience declining wage rates, and customer service takes a… Continue reading A merger that’s good for workers and consumers
Tag: merger
Warner Bros’
It’s not often that two giants in the entertainment industry team up, but the merger of Warner Bros and AT&T has created a new video streaming platform, MAX, that is set to change the landscape of television as we know it. With a joint venture of the two industry powerhouses, MAX is set to be… Continue reading Warner Bros’
Company created by Citrix-Tibco merger confirms it has laid off 15% of staff
A company created from the merger of Citrix and Tibco has confirmed that it has laid off 15% of its staff. Earlier this month, the merger between virtualization firm Citrix Systems and business integration software provider Tibco Software was announced. The new company, Citrix-Tibco (CTIB), has now confirmed that it has laid off about 150… Continue reading Company created by Citrix-Tibco merger confirms it has laid off 15% of staff