Layoffs
BBC set to cut as many as 2,000 jobs as broadcaster trims costs
The company is primarily funded by UK households paying a flat annual license fee, sometimes critically described as a tax
Wall Street banks cut more than 5,000 jobs even as they notch record profits
The banks’ willingness to trim headcount shows they are eyeing AI to help them do more with less
Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency
The firm expects to cut over US$500m in annual expenses by year ’s second half through these layoffs
Disney to eliminate 1,000 positions
The cuts hit marketing group, ESPN’s studio and TV business, products and technology and certain corporate functions
Disney plans to cut 1,000 jobs, WSJ reports
WALT Disney is planning to cut as many as 1,000 positions in the coming weeks, many of which will be made in the company’s marketing department, the Wall Street Journal reported on Wednesday, citing s...
Sony Pictures Entertainment cuts hundreds of jobs in TV, film
The industry has faced a series of setbacks exacerbated by the pandemic
US job openings fall in February; hiring lowest since pandemic
Layoffs and discharges increase 61,000 to a still-low 1.721 million
Yeo Hiap Seng cuts 9% of Singapore headcount as it moves canning operations to Malaysia
25 affected staff were informed of the layoffs in a closed-door briefing; Singapore remains the group’s headquarters
National Australia Bank to cut 170 jobs amid offshore expansion
The lender adds it will continue hiring and developing staff locally, particularly in customer-facing roles
Meta is cutting several hundred jobs amid record AI spending
The layoffs will affect employees both in the US and other international markets
