Beset by hundreds of abuse lawsuits, the Catholic Diocese of Sacramento filed for Chapter 11 bankruptcy reorganization in federal court Monday, a move designed to allow the diocese to provide settlements to plaintiffs. The diocese, which previously announced its plans for the filing, said the move came “as it faces more than 250 lawsuits alleging […]
SAS Institute has confirmed workers in the company’s retail solutions division lost their jobs following the latest organizational shift at the prominent Cary analytic software provider. This week’s action follows moves last year that SAS said reduced its total workforce by around 1%. “Evolving our organizational structure and aligning the right talent to our core […]
By Tatiana Bautzer NEW YORK (Reuters) – Three senior executives are leaving Citigroup’s equity-trading division, two sources with knowledge of the matter said on Wednesday, as the company undergoes a sweeping reorganization. The executives are Tim Gately, head of U.S. equities sales; Thomas Lynch, global head of prime services sales; and Matt Brady, America’s head […]