Layoffs

NEW YORK, Dec 16 (Reuters) - Goldman Sachs Group Inc (GS.N) is planning to cut thousands of employees to navigate a difficult economic environment, a source familiar with the matter said.The layoffs are the latest sign that cuts are…

Hello again! Greg here again with Week in Review. WiR is the newsletter where we take the most read TechCrunch stories from the last seven days and wrap them up in as few words as possible — no fluff, no nonsense,* just a quick blast of…

Tech layoffs are dominating newsfeeds and headlines, and the cuts are coming across the board.This isn't the first round of tech layoffs since the end of the pandemic, but this time the cuts aren't sector-specific. Everyone's getting…

CNN  —  Sunday officially marks one month since the world’s richest man took the helm at Twitter. In that time, Elon Musk initiated mass layoffs and gave…

The media industry is getting hit by sizable rounds of layoffs and cost-cutting measures as the ad market continues to show signs of a serious slowdown. Why it matters: For many companies, the challenges are similar to the early onset of…

<!-- -->Elon Musk had fired half of Twitter's workforce days after taking over the company.New Delhi: Elon Musk, Twitter's new owner, is considering laying off more employees, just weeks after he laid off half the company's…

SAN JOSE — Cisco, a San Jose tech stalwart, revealed Wednesday it is eyeing terminations and severances to help “rebalance” its workforce, a potentially wrenching plan that includes shedding real estate. The networking giant didn’t…

Illustration: Natalie Peeples/AxiosAfter laying off half its staff earlier this month, Twitter on Saturday started culling its vast ranks of contract staff, sources confirmed to Axios.Why it matters: Like many companies, Twitter's staff…

Disney (DIS) is planning to freeze hiring and cut some jobs as it strives to move the Disney (DIS)+ streaming service to profitability against a…

Disney plans to institute a targeted hiring freeze as well as some job cuts, according to an internal memo sent to executives."We are limiting headcount additions through a targeted hiring freeze," CEO Bob Chapek said in a memo to…