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As the year's final quarter is coming to a close, some of the world's largest companies are announcing significant layoffs. Meta Platforms, Inc., Amazon.com, Inc. and Twitter, Inc are just a few...
Disney will begin layoff notices this week for more than 7,000 staffers whose positions will be eliminated as part of a deep cost-cutting effort that will be felt across all of the company’s key ...
The layoffs are separate from a disciplinary action Meta carried out last week that saw about 20 people in its Los Angeles office let go for improper use of GrubHub credits.
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]
Netflix is bracing for its next round of layoffs as the streaming giant looks to cut costs in the wake of its stock troubles. Impacted staff are expected to be told at the end of the week. It’s ...
The week has arrived for Disney layoffs, Round 2. Walt Disney Co. on Monday begins notifying more employees of layoffs, according to Disney officials, marking a second wave of job reductions that ...
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Disney CEO Bob Iger announced in February that the company would shed 7,000 jobs after losing billions on streaming. Layoffs begin this week.