layoffs
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Business
Dr. Phil’s Merit Street TV startup reportedly axes dozens of job : ‘Complete shock’
A fledgling media company launched by famed TV talk show host Dr. Phil McGraw canned about a third of its…
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Business
Cartoon Network website goes dark amid Warner Bros. Discovery cost-cutting moves
Cash-bleeding media giant Warner Bros. Discovery pulled the plug on Cartoon Network’s website. The David Zaslav-led company — which on…
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Tech
Cisco axing thousands of jobs in second round of layoffs amid shift to AI: report
Cisco will cut thousands of jobs in a second round of layoffs this year as the networking equipment maker shifts focus…
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Business
Stellantis to cut nearly 2.5K union workers as Ram Classic truck production ends
Chrysler parent Stellantis is laying off as many as 2,450 factory workers from its Warren Truck assembly plant outside of Detroit as…
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Tech
Wedding giant The Knot Worldwide cuts 4% of workforce in restructuring
The Knot Worldwide slashed about 4% of its global workforce this week as part of an internal restructuring at the…
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Business
Paramount slashing thousands of jobs, writes down value of cable networks by $6B
Paramount Global wrote down the value of its cable networks by nearly $6 billion and announced it would cut 15% of jobs…
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Tech
Intel cuts whopping 15K jobs, posts $1.6B loss just months after getting Biden funds
Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn…
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Business
John Deere under fire for laying off hundreds of American workers
Tractor giant John Deere faced backlash after announced it was laying off hundreds of workers across the Midwest — even…
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Business
CNN quietly disbands ‘Race and Equality’ team as part of layoffs
CNN quietly disbanded its “Race and Equality” team of reporters as part of a major restructuring that included firing 100…
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Business
Stop & Shop will shutter 7 NYC-area stores, 32 overall
Stop & Shop will shutter seven stores in the New York City area and 32 overall as inflation-battered shoppers seek…
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