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Microsoft to Cut 9,000 Jobs in Second Wave of Layoffs
Bloomberg Television· 2025-07-02 13:47
We got some breaking news just before you stepped on onto set this coming from Microsoft that basically they're going to cut 9000 workers in a second wave, major layoffs. It seems like Microsoft is really looking to reduce headcount here. And look, I think coding assistant as a tool is now pretty well established.It's the fastest growing software category this year. And every software maker has launched. Even Google just launched their own coding assistant.So what they're saying is we are not only launching ...
X @TechCrunch
TechCrunch· 2025-06-30 16:48
A comprehensive list of 2025 tech layoffs | TechCrunch https://t.co/vhI3dnJESp ...
X @The Wall Street Journal
It isn’t just Amazon. There’s a growing belief that having too many employees will slow a company down—and that anyone still on the payroll could be working harder. https://t.co/5MRMg3RLuz ...
X @Forbes
Forbes· 2025-06-27 07:10
How To Navigate Layoffs Without Damaging Your Career https://t.co/jRf22peFFf https://t.co/jRf22peFFf ...
X @Forbes
Forbes· 2025-06-27 01:40
How To Navigate Layoffs Without Damaging Your Career https://t.co/Vnpaa2Js3X https://t.co/Vnpaa2Js3X ...
Disney is laying off several hundred people as the company grapples with a declining TV business
Business Insider· 2025-06-02 17:53
Core Insights - Disney is laying off several hundred employees globally, primarily affecting the marketing teams in the Disney Entertainment division due to a declining traditional TV audience [1] - The layoffs also include a smaller number of positions in publicity, casting, development, and corporate finance, with no entire teams being eliminated [1] - The company has previously reduced headcount as TV audiences shift to streaming platforms, with significant cuts occurring in recent years [2] Employment Reductions - In March, Disney cut nearly 6% of its workforce, approximately 200 people, in its ABC News Group and Disney Entertainment Networks [2] - Last fall, around 300 employees were laid off in corporate departments, following a previous layoff of about 140 people, including those at National Geographic and Freeform [2] Strategic Direction - Bob Iger, upon returning as CEO in late 2022, indicated plans for broad cuts, aiming to reduce 7,000 jobs in 2023 [3] - Disney has achieved profitability in its streaming business for the first time last year and is seeking growth in its parks and experiences segment, including a new theme park partnership in Abu Dhabi [3]
UPS To Cut 20,000 Jobs In 2025 After Slashing Amazon Shipments
Forbes· 2025-04-29 13:26
Topline UPS announced Tuesday it would lay off 20,000 workers this year, despite beating first-quarter profit estimates, as the shipping giant expects a decline in deliveries after cutting its shipments for Amazon in half earlier this year. The shipping giant halved its deliveries for Amazon earlier this year. Getty Images Key Facts UPS expects to save $3.5 billion in 2025 after cutting 20,000 jobs and closing 73 leased and owned buildings by the end of June, the company announced in its first-quarter earni ...
Intel Stock Rallies On Layoff Buzz As Wall Street Braces For Threadbare Q1 Earnings
Benzinga· 2025-04-24 17:23
Intel will be reporting its first-quarter earnings on Thursday. Wall Street expects one cent in EPS and $12.30 billion in revenues as the company reports after market hours.The stock is down 39% over the past year, but has gained nearly 4% year to date.Let's look at what the charts indicate for Intel stock and how the stock currently maps against Wall Street estimates.Intel Stock Chart Giving Mixed Signals Ahead Of Q1 Earnings Chart created using Benzinga ProIntel's stock chart is sending mixed signals as t ...