Severe Weather Forces D.C.-Area Feds to Evacuate Offices
Federal employees in the D.C.-area have been instructed to leave their offices by 3 p.m. due to approaching storms.
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China Cracks Down on Foreign Consulting Firms in Anti-Spy Campaign
Chinese authorities have raided multiple offices of international consultancy firm Capvision, which provides research and analysis on China's economy and markets to foreign investors. The reason for the raid is unclear, but it comes amid increased scrutiny of foreign businesses operating in China.
Unity Software to Cut 600 Jobs and Close Half of Offices.
Unity is laying off 600 employees, which is about 8% of its headcount, in its third round of layoffs in less than a year. The company is also planning to reduce its physical footprint by cutting down its current 58 offices worldwide to fewer than 30 over the coming years. Unity CEO John Riccitiello said the cuts will look to reduce the number of middle management layers in the organization and are all about setting the company up for higher growth.