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Will Mastercard's stock price increase by more than 10% by the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Closing stock price data from a reliable financial source like Bloomberg or Yahoo Finance
Story
Mastercard to Cut 3% of Global Workforce, Impacting 1,000 Employees
Aug 16, 2024, 05:33 PM
Mastercard Inc. has announced plans to cut 3% of its global workforce, which equates to approximately 1,000 employees. The decision is part of a strategic overhaul aimed at accelerating growth. As of last year, the company employed 33,400 people worldwide. The layoffs are expected to impact employees across various regions, although specific details about the affected areas have not been disclosed. Mastercard has not yet responded to requests for comment on the matter.
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Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Below $470 billion • 25%
$470 - $480 billion • 25%
$481 - $490 billion • 25%
Above $490 billion • 25%
Increase by 1-2% • 25%
Increase by 3-4% • 25%
Increase by 5% or more • 25%
No significant change • 25%
Stock prices increase • 33%
Stock prices decrease • 33%
Stock prices remain stable • 34%