People and Tech Neiman Marcus Files for Financial catastrophe – The New York Times

Neiman Marcus on Thursday became the first major department store group to file for bankruptcy protection during the coronavirus pandemic. Its a stunning fall that follows the collapse of Barneys New York late last year and comes as shadows gather over chains…

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People and Tech Uber to lay off 3,700 employees, about 14% of body of workers – CNBC

Uber said Wednesday it will lay off 3,700 employees and that CEO Dara Khosrowshahi will forgo his base salary for the rest of the year. The layoffs to its customer support and recruiting teams represent about 14% of its 26,900 employees, based on Uber's most…

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