This Week
Wells Fargo
Wells Fargo is actively recruiting for senior technology business systems consultant roles focused on nCino/Salesforce integration, CRM transformation, lending, data, and system integrations to support risk and compliance initiatives.
Disney
Disney appointed Karandeep Anand, former CEO of Character.AI, as its first Chief Technology Officer, effective October 2, to modernize technology infrastructure and lead AI integration across the company.
Honeywell
Honeywell appointed a new CIO who previously held several leadership roles at Johnson & Johnson directing global manufacturing IT across pharmaceutical, medical device, and consumer divisions.
Goldman Sachs
Goldman Sachs opened a new engineering office in Bellevue, Washington, housing over 125 employees focused on AI and cloud technology to enhance efficiency across businesses.
Instacart
Instacart appointed Anirban Kundu as Chief Technology Officer, bringing experience from Uber Delivery to lead the company's technological advancement during a growth phase.
Discover Financial Services
Capital One, which acquired Discover Financial Services two years prior, is laying off 1,139 workers including 532 at the former Discover headquarters in Riverwoods, Illinois.
Wayfair
Wayfair is cutting 340 technology roles and closing its Austin technology distribution center as part of a major AI and productivity reorganization, affecting employees across multiple regions including Canada.
eBay
eBay announced a 6% global headcount reduction of approximately 800 jobs as part of a cost-reduction and organizational restructuring initiative.
U.S. Department of Labor
Mangala Kuppa appointed as Chief Information Officer at U.S. Department of Labor, replacing Gundeep Ahluwalia in the role.
NextEra Energy Resources
NextEra Energy announced plans to add 600 new jobs in Virginia over five years while maintaining current headcount levels, plus indirect job creation through supplier partnerships.
Bank of America, N.A.
Bank of America announced a recent round of layoffs, reducing headcount from approximately 141,000 employees prior to the reduction.
BlackRock
BlackRock is reducing global workforce by approximately 1% (around 250 positions) as part of a customary review to enhance operational efficiency and align resources with objectives.
S&P Global
S&P Global announced an agreement to acquire OpenZeppelin, a blockchain security firm, to enhance onchain security assessments and intelligence as capital markets transition to blockchain.
Polaris Electro-Optics
Polaris Electro-Optics secured $50 million Series B funding led by Walden Catalyst Ventures to scale its FenGlass electro-optic modulator platform for AI data center optical interconnects, supporting engineering hiring and production scale-up.
Bamboo Insurance Services
Bamboo Insurance Services filed an S-1 registration statement with the SEC for an IPO seeking to raise up to $700 million.
Fintech Cloud Private Limited
Fintech Cloud entered a definitive agreement with Indiabulls for a strategic partnership valued at ₹1,050 crore for a 70% stake, integrating into a larger financial services ecosystem.
Bending Spoons
Milan-based SaaS company Bending Spoons debuted on public markets with stock jumping 40% on first day, raising approximately $1.68 billion at a $25.7 billion valuation.
Contact Center
Contact Center announced a $100 million investment to expand its contact center solutions business, enhance technology infrastructure, improve its software platform, and enter new markets and geographic regions.
Nothing
Nothing raised $200 million in Series C funding led by Tiger Global at a $1.3 billion valuation to develop AI-first consumer electronics and expand market presence.
CADDi
CADDi, a dual-headquartered AI manufacturing platform, raised $114 million in Series D funding at a $1.2 billion valuation to support US expansion and hiring.
Eaglesky Acquisition
Eaglesky Acquisition, a SPAC targeting middle-market businesses, filed with the SEC to raise up to $100 million through an IPO of 10 million units at $10 each.
Aspire
Aspire raised $100 million in Series C funding led by Lightspeed and Sequoia Capital SEA, with participation from PayPal Ventures, Tencent, and LGT Capital Partners.