The 7,000 people laid off constitute 3.2% of Disney’s global employee count of 220,000 as of Oct. 1, 2022, according to the ...

Disney reached its 7,000 layoffs goal, handing out notices to the remaining employees impacted in its third round of job cuts ...

Disney is questioning the continued value of Web3. The company is in the process of laying off 7,000 staff in an attempt to control costs and develop what CEO Bob Iger calls a “streamlined ...

"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 ...

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 ...

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 ...

“We arrived at this conclusion reluctantly, as we have years of runway remaining and do not feel immediate pressure to reduce costs. But we believe that ... but they ensured that the employees being ...

(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 ...

Volvo will lay off around 1,300 office-based employees in Sweden as it steps up its cost cutting. While the group's efficiency drive had begun to show results, more was needed, CEO Jim Rowan said ...