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Bumble, the company that produces the online dating app designed to empower women, on Wednesday announced it is laying off 30% of its staff in a bid to reverse financial problems.
Media layoffs have unfortunately become a trend as Hollywood continues to readjust after two strikes and Covid plus the advent of streaming and A.I.
The pivot to buyouts come after Google faced backlash for laying off 6% of its workforce in January 2023. At the time, employees said their access to company systems were unexpectedly cut off.
Lionsgate Television laid off 80 employees in early March, about 6 percent of its workforce. Universal International Studios recently cut jobs in London, Australia and Los Angeles.
The Walt Disney Company has confirmed that it is laying off several hundred employees across its film and television divisions, according to a spokesperson speaking to USA TODAY. The job cuts, which ...
Colleges laid off well over 800 employees last month due to a mix of enrollment challenges and state funding issues. Ivy Tech saw the deepest cuts with more than 200 jobs axed. With the academic year ...
Faced with funding difficulties and revenue shortfalls, GBH announced Monday it was laying off 45 staff members, representing 6% of its workforce. Monday’s action comes just two weeks after GBH made ...
Chevron plans to lay off 200 employees at locations in Midland, Texas as part of a global workforce reduction of up to 20% by 2026.
Business Insider laid off about one fifth of its workforce Thursday, a sweeping round of cuts that affected every department and drew swift criticism.
Intel Corp. could lay off 20% of its workforce, according to unconfirmed reports. The company, with a Chandler campus, is a major Arizona employer.
NASA has received an extension to a White House directive to develop a plan for cutting the agency’s workforce, saying its has been too busy.