Posted inLabor and Jobs Layoffs and Job Reductions Media Mergers, Acquisitions and Divestitures Paramount Lays Off 15 Percent of U.S. Employees The company is cutting staff ahead of its merger next year with the Hollywood studio Skydance. Posted by By Benjamin Mullin
Posted inComputer Network Outages Computers and the Internet Labor and Jobs Layoffs and Job Reductions Mobile Applications Musk, Elon Social Media Twitter X Spaces With Trump and Musk Is Off to a Glitchy Start The audio livestream of a conversation between Elon Musk and the former president ran late as users scrambled to try to access the site. Posted by By Kate Conger and Ryan Mac
Posted inAutomobiles Factories and Manufacturing Labor and Jobs Layoffs and Job Reductions Organized Labor Sports Utility Vehicles and Light Trucks Stellantis NV United Automobile Workers Warren (Mich) Stellantis Will Lay Off Up to 2,450 at Michigan Truck Plant The move is the latest sign of trouble for the trans-Atlantic automaker, which has had sluggish North American sales and has said it needs to cut costs. Posted by By Neal E. Boudette
Posted inAxios Media Inc Layoffs and Job Reductions News and News Media VandeHei, Jim Axios Laying Off 10% of Staff Jim VandeHei, the company’s chief executive, said in an email that the cuts were necessary to adapt to “changes in the media business.” Posted by By Katie Robertson