Layoffs

Cable News Networks Consider Anchor Pay Cuts as Viewership Dips

Major television networks are contemplating reducing the salaries of key TV personalities to mitigate financial losses as cable news viewership declines. From CNN to Fox...

Budget Shift: Denver Weighs Employee Hour Cuts to Tackle Migrant Crisis

Denver city officials announced on Monday that they are considering significant measures to address the strain posed by the city's migrant crisis, including potential...

Disney+ Loses One Million Subscribers After Increasing Prices 25%

Disney+ lost 1.3 million subscribers across the world during the last quarter of 2023.

Paramount Set To Lay Off ‘Hundreds’ of Employees

Paramount Global, the parent company of CBS, Paramount Pictures, and Showtime, is reportedly set to lay off hundreds of employees.

Disney’s Pixar Expected to Have Significant Layoffs in 2024

Disney's Pixar studio is set to experience significant layoffs in the coming year as part of an effort by the company to "enhance" streaming profitability.

Ford Announces Around 600 Layoffs On Day One Of UAW Strike

The Ford Motor Company announced last week that it will temporarily be laying off around 600 nonstriking employees at its Michigan Assembly Plant.

U.S. Job Openings Hit More Than Two-Year Low, Labor Market Still Tight Under Biden Admin

Interest rates may remain elevated as U.S. job openings fell to the lowest levels in two years but remained at levels congruent with tight labor market conditions.

Bud Light Fires Hundreds of Workers in Transgender Promotion Aftermath

While the cuts represent less than 2% of the brewer's approximately 18,000 U.S.-based workforce, they signal a significant restructuring in the corporate offices.

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