“The dumb money era is over” as layoffs, budget cuts and scuttled deals challenge a long-booming industry.
Category: Layoffs and Job Reductions
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Podcast Companies Face Layoffs, Budget Cuts and Scuttled Deals
The New York Times – Business: -
What Layoffs? Top Wall Street Traders Score Giant Paydays
The New York Times – Business:Some large hedge funds that profited off the recent market volatility are wooing traders with tens of millions of dollars in guaranteed payouts.
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Happiness or Success? Salesforce’s Marc Benioff Doesn’t Want to Choose.
The New York Times – Business:The chief executive, under pressure from activist investors, seeks to do well and do good — but his options are narrowing.
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In an Uncertain Job Market, How Can Companies Retain Workers?
The New York Times – Business:Although some employees might decide to stick with their jobs when the market appears uncertain, work force reductions can, conversely, spur more quitting.
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How to Prepare for a Possible Layoff
The New York Times – Business:What you should do while you are still employed, how to retain important data and what you should be doing with your money.
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Activist Disney Investor Declares End to Battle for Board Seat
The New York Times – Business:The move by Nelson Peltz came a day after the company’s C.E.O., Bob Iger, announced a restructuring that will cut $5.5 billion in costs and eliminate roughly 7,000 jobs.
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Bob Iger’s Turnaround Plan for Disney Takes Shape
The New York Times – Business:Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business, cut costs, and formulate a succession plan.
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When Having a Baby and Losing Your Job Collide
The New York Times – Business:At tech companies that spent recent years expanding paid parental leave, parents have felt the whiplash of mass layoffs in an especially visceral way.
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With Traditional TV in Free Fall, Disney Looks to Cut Costs
The New York Times – Business:In the company’s first earnings report since Bob Iger returned as C.E.O., it exceeded Wall Street’s expectations. But thousands of employees are expected to be laid off.