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.
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.
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.
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.
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.
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.
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.