February 29, 2024
“Sony Interactive Entertainment on Tuesday said it will lay off about 900 employees in its PlayStation unit, or 8% of its global workforce, becoming the latest technology company to announce headcount trims… He added that employees across all of the company’s… Continue Reading…
January 30, 2024
“Amazon said on Monday it would not move forward with a planned acquisition of vacuum-maker iRobot, with the two companies saying in a release there was “no path to regulatory approval for the deal.” The Roomba maker also announced it would lay off 31% of its… Continue Reading…
November 14, 2022
“Amazon is planning to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according to a report from The New York Times. Separately, The Wall Street Journal also cited a source saying the company plans to lay off thousands of… Continue Reading…
July 10, 2020
“United Airlines is warning 36,000 employees — nearly half its U.S. staff — they could be furloughed in October, the clearest signal yet of how deeply the virus pandemic is hurting the airline industry… Airlines say they must shrink to… Continue Reading…
March 25, 2019
“Disney has said all along that it intends, due to the merger, to save $2 billion annually by 2021, and such rhetoric usually means jobs will be lost. “This is what happens in mergers,” explains Northlake Capital Management founder Steven… Continue Reading…
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