A third wave of expected layoffs is underway at Disney, and employees impacted by the cuts are being notified this week, a ...
Fox News axed its investigative unit Friday in an effort to cut costs ... laid off 133 people—7% of the media conglomerate’s staff—in anticipation of a declining economy, chief executive ...
"Our senior leaders in coordination ... BuzzFeed chief executive Jonah Peretti announced the news in a memo to employees as the media company plans to cut 15% of its workforce.
MTV News is shutting down as Paramount Media Networks moves to slash headcount in an effort to cut costs. A quarter of ... To address this, our senior leaders in coordination with HR have been ...
Shortly afterward, it laid off ... ABC News cut about 50 jobs, and Deadline reported that TV production and acquisition execs at Hulu, Freeform, and 20th Television were impacted. A Disney ...
General Motors Co. cut several ... some executives who work in global positions, agreed to a voluntary buyout. GM took a first-quarter charge to cover most of the roughly $1 billion cost of ...
Illustration: Adele Morgan General Motors Co. cut several hundred full-time contract positions primarily from its engineering hub in suburban Detroit, the latest cost-reducing effort from the auto ...
Disney is cutting around 7,000 jobs in total this year as part of cost-cutting measures that were initiated by CEO Bob Iger.
JPMorgan Chase JPM will lay off about 5,000 workers, or about one worker for each of its branches, amid $1.4 billion in cost cuts. JPMorgan Chase JPM will lay off about 5,000 workers, or about one ...
So when his rent increased by $40 a fortnight, he cut back ... trade-off," he said. Martin Bongiorno now only eats food that doesn't need cooking to save on power costs.(ABC News: Mary Lloyd ...
(Reuters) -Ride-hailing firm Lyft Inc said it will lay off about 1,072 employees, or 26% of its workforce, in one of the first steps by the new Chief Executive David Risher, sending its shares up ...