menu search

Disney cuts metaverse division as part of broader restructuring

Walt Disney Co. has eliminated its metaverse division as part of staff cuts that promise to reduce head count by around 7,000 across the company over ...

March 27, 2023, 11:47 pm

Microsoft job cuts surpass 2,700 in seattle region; security technology group hit in latest round

Microsoft made another 559 job cuts in the Seattle region on Monday, according to a filing with the state Employment Security Department (ESD), bringi...

March 27, 2023, 8:43 pm

Amazon stock outlook: morgan stanley sees upside to $150

Amazon.com Inc (NASDAQ: AMZN) ended roughly flat on Monday even after a Morgan Stanley analyst reiterated the tech behemoth his top pick for 2023. Ama...

March 27, 2023, 8:36 pm

Disney's bob iger reveals layoff plans, warns of ‘larger' round in april with 7k target

Disney is cutting about 7,000 jobs as part of a $5.5 billion cost-cutting push....

March 27, 2023, 3:29 pm

Disney reportedly begins first round of layoffs in plan to cut 7,000 employees

Notices are being sent out this week....

March 27, 2023, 2:33 pm

Disney ceo warns of 'challenges ahead' as layoffs begin this week

Disney will begin laying off staff this week, the first of three rounds of job cuts before the summer that will see 7,000 roles slashed, according to ...

March 27, 2023, 2:11 pm

The first round of disney layoffs begins this week, ceo bob iger shares in memo

In February, Disney CEO Bob Iger told shareholders in an earnings call that the company plans to lay off 7,000 employees as part of a significant rest...

March 27, 2023, 2:10 pm

Disney layoffs begin this week, bob iger tells employees

Walt Disney Co. will begin the process of eliminating 7,000 jobs this week, company Chief Executive Bob Iger said in a memo to staff Monday....

March 27, 2023, 2:03 pm

2023 layoff tracker: disney starts cutting 7,000 employees

Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic forecasts....

March 27, 2023, 12:26 pm

Walt disney co begins 7,000 layoffs

Walt Disney Co on Monday began 7,000 layoffs announced earlier this year, as it seeks to control costs ...

March 27, 2023, 12:09 pm

Disney layoffs will begin this week, ceo bob iger says in memo

Disney CEO Bob Iger notified employees in a memo that job losses will begin this week....

March 27, 2023, 12:05 pm

Disney ceo bob iger confirms start of layoffs, with three rounds of cuts expected before summer

Disney CEO Bob Iger has confirmed the first of three rounds of layoffs is starting this week as the com...

March 27, 2023, 12:05 pm

More layoff misery could be coming to salesforce

On Friday, Bloomberg reported that more layoffs could be on the way at Salesforce, quoting chief operat...

March 27, 2023, 11:52 am

Amazon layoffs: the good, the bad, and the ugly

Amazon started announcing layoffs just a year after revealing its intentions to expand its workforce. T...

March 26, 2023, 11:00 am

More tech layoffs; ongoing bank drama

Plus, Jacob Goldstein, host of the podcast "What's Your Problem?," talks about bank runs....

March 25, 2023, 9:00 am

Meta is serious about improving efficiency: here's how

Mark Zuckerberg announced a new round of layoffs. Meta is laser focused on expense reduction and genera...

March 24, 2023, 4:15 pm

Apple layoffs disclosed, but company says security guards will be rehired

Filings with the state of California show that 618 security guards and personnel who worked at Apple Inc.'s offices in Silicon Valley and elsewhere in...

March 24, 2023, 3:17 pm

Bbby stock: bed bath & beyond layoffs lead to 1,000 more job cuts

One of the most volatile stocks in the market over the past year is Bed Bath & Beyond (NASDAQ: BBBY ). A popular retailer that saw an impressive short...

March 24, 2023, 1:54 pm

The 7 best growth stocks to buy for 2023

The market's winds have changed direction over the past few weeks. Up until recently, growth stocks were in the doghouse as investors fretted about fa...

March 23, 2023, 10:29 pm

These tech giants are still making money, but layoffs are coming hard and fast

Global tech giants from Microsoft and Google to SAP have laid off thousands of employees since the start of the year despite being profitable....

March 23, 2023, 8:29 pm


Search within

Pages Search Results: