Mexico's Femsa confirms layoffs at fintech division Spin, spokesperson says-March 2024-www.financetom.com

Mexico's Femsa confirms layoffs at fintech division Spin, spokesperson says

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Mexico's Femsa confirms layoffs at fintech division Spin, spokesperson says

Mar 20, 2026 4:14 PM

MEXICO CITY, March 20 (Reuters) - Mexican retailer and

bottler Femsa said on Friday it is conducting layoffs at its

fintech unit Spin.

The move is part of a new phase aimed at aligning the

business with its Oxxo convenience store chain, a spokesperson

told Reuters.

Previous page： --Lumentum Guides For Q1 EPS of $0.07-$0.17 on Revenue of $315-$355 Million, vs CIQ Analyst Consensus of $0.12/Share on Revenue of $311 Million Next page： Arcutis Biotherapeutics Q2 Loss Narrows, Revenue Rises

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

--Lumentum Guides For Q1 EPS of $0.07-$0.17 on Revenue of $315-$355 Million, vs CIQ Analyst Consensus of $0.12/Share on Revenue of $311 Million

Aug 14, 2024

04:04 PM EDT, 08/14/2024 (MT Newswires) -- Price: 48.90, Change: +3.37, Percent Change: +7.40 ...

Arcutis Biotherapeutics Q2 Loss Narrows, Revenue Rises

Aug 14, 2024

04:09 PM EDT, 08/14/2024 (MT Newswires) -- Arcutis Biotherapeutics ( ARQT ) reported a Q2 loss late Wednesday of $0.42 per diluted share, narrowing from the loss of $1.16 a year earlier. Four analysts polled by Capital IQ expected a loss of $0.51. Revenue in the quarter ended June 30 rose to $30.9 million from $5.19 million a year earlier....

--Cisco Systems Guides For FY 2025 EPS of $3.52-$3.58 on Revenue of $55-$56.2 Billion, vs CIQ Analyst Consensus of $3.55/Share on Revenue of $55.7 Billion

Aug 14, 2024

04:08 PM EDT, 08/14/2024 (MT Newswires) -- Price: 47.75, Change: +2.31, Percent Change: +5.08 ...

US FTC finalizes ban on fake online reviews

Aug 14, 2024

(Reuters) - The U.S. Federal Trade Commission on Wednesday finalized a ban on companies knowingly buying or selling fake online reviews, giving the agency the power to levy fines against the shadowy practice. The ban covers trafficking in fake reviews, whether by non-existent customers, company insiders or artificial intelligence. It also prohibits buying and selling fabricated views or followers on...