The massive Olympus Mons volcano on Mars—one of the solar system’s highest peaks—may have towered above a Martian ocean in the distant past, a new study suggests. The research identifies an escarpment ...

A global medical technology company plans to lay off 2,000 workers worldwide. Olympus Corp. of the Americas announced the cuts in a news release on Friday. The company opened its regional headquarters ...

TOKYO -- Shares of Japanese medical device maker Olympus jumped 15% at one point on Monday following the company's announcement that it would cut around 2,000 jobs, around 7% of its workforce, as it ...

Olympus Corp. announced a global restructuring plan Nov. 7 aimed at streamlining operations and strengthening its position in endoscopy-enabled care. As part of the transformation, Olympus will reduce ...

Olympus shares soared the most in six years after the Japanese medical device maker unveiled plans to cut jobs and streamline operations. The stock jumped as much as 15% to ¥2,154 in Tokyo trading ...

Olympus has cut 2,000 jobs in a strategic restructuring, which impacts the company’s endoscopy business. Image credit: Akio Kon / Bloomberg via Getty Images. Olympus has initiated a plan to ...