Layoffs begin at Disney as CEO Bob Iger moves to pare losses
The pink slips are flying this week at Walt Disney Co. as the entertainment giant seeks to slash billions of dollars in costs. CEO Bob Iger confirmed in a staff…
The pink slips are flying this week at Walt Disney Co. as the entertainment giant seeks to slash billions of dollars in costs. CEO Bob Iger confirmed in a staff…
The chief executive of Swedish telecom company Ericsson on Monday warned Europe’s industry structure is likely unsustainable, calling for consolidation across the region to boost competitiveness. The comments come shortly…
Dell plans to lay off roughly 5% of its workforce, the company said in a regulatory filing Monday, in the latest example of tech companies cutting costs in an uncertain…
Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees, the latest cost-cutting announcement among technology companies. “In hindsight, I was too ambitious…
Microsoft is preparing to axe thousands of jobs in the latest move by one of the world’s biggest technology companies to reduce its workforce in the face of a slowing…
Amazon is laying off 18,000 employees, the tech giant said Wednesday, representing the single largest number of jobs cut at a technology company since the industry began aggressively downsizing last…
Elon Musk says Twitter will provide a “general amnesty” to some suspended accounts from next week. This came after he started a poll on Wednesday asking Twitter users whether accounts…
Meta will lay off more than 11,000 employees, CEO Mark Zuckerberg told workers in a message Wednesday. The layoffs will reduce the company’s workforce by about 13%, according to Meta,…
Meta Platforms Inc. is planning to begin large-scale layoffs this week that will affect thousands of employees, The Wall Street Journal reported on Sunday, citing people familiar with the matter,…
Jack Dorsey, Twitter’s co-founder and former CEO, responded to the mass layoffs under Elon Musk’s ownership by saying he owns “the responsibility for why everyone is in this situation” and…