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 ...

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 ...

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 ...

Disney is cutting around 7,000 jobs in total this year as part of cost-cutting measures that were initiated by CEO Bob Iger.

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 ...

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 ...

(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 ...