Layoffs

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.

Fox News Silently Begins ‘Company-Wide Layoffs,’ Including Former Tucker Carlson Employees

Fox News is reportedly quietly beginning "company-wide" layoffs, including the remaining former employees of Tucker Carlson.

ESPN Reportedly Firing 20 Major On-Air Hosts in Recent Layoffs

Sports broadcasting giant ESPN has reportedly let go of around 20 on-air personalities, including some of the network’s most well-known commentators, analysts and journalists.

Bud Light CEO Unveils Recovery Plan After Devastating Sales Decline Triggered by Transgender Collaboration

The ill-fated collaboration with transgender-identified activist Dylan Mulvaney in a March Madness campaign has resulted in a substantial decline in Bud Light sales and a considerable drop in the company's stock price.

U.S. Jobless Claims Rise Under Biden Admin

Economists anticipate the unemployment rate to experience a slight increase, moving to 3.5% from April's 53-year record low of 3.4%.

Disney+ Loses 4 Million Subscribers Amid Battle with Florida’s Gov. DeSantis

This decrease in subscribers comes after a 2.4 million drop during the first quarter, marking the first decline for Disney+ since its launch in November 2019.

Disney Still Plans to Spend $30 Billion on Content While Laying Off 7,000 People

In the face of an unprecedented profitability crisis and the repeated failure of its woke content, Walt Disney Co. executives seem to have settled on a solution: double down on the woke and fire rank-and-file employees.

NPR Axes Four Podcasts as Part of Layoffs

National Public Radio (NPR) will eliminate four of its podcasts as part of a broader series of layoffs that will impact 10% of its existing staff.

Amazon Says It Will Lay off Another 9,000 Workers

Amazon CEO Andy Jassy announced Monday that the company will be laying off another 9,000 employees, marking the second round of significant layoffs this year.

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