Karen Moscow

It's saying the layoffs are needed to align its workforce with strategic priorities.

And U.S.

stock index futures, they did get a bit of a boost from the U.S.

jobless claims numbers, which rose by less than expected last week.

S&P futures up a tenth of a percent.

Dow futures up a quarter percent.

And Nasdaq futures remain little changed.

10-year Treasury yield at 4.03%.

And we continue to watch shares of Salesforce.

They're down 1.3% on a lukewarm growth forecast.

That's news when you want it with Bloomberg News Now.

I'm Karen Moscow, and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Karen Moscow.

The head of the World Economic Forum, Borga Brenda, is stepping down after revelations he had ties to Jeffrey Epstein.

Bloomberg's David Gurra has more.

Bloomberg's David Gora reports the statement from Forum co-chairs Larry Fink and Andre Hoffman does say that Aloise Zwinge will serve as interim president and CEO.

Later today, former Secretary of State Hillary Clinton will testify in the House Oversight Committee's investigation into Jeffrey Epstein.

The panel had threatened to hold her and Bill Clinton in contempt if they did not appear.

The former president will testify tomorrow.