Category: Layoffs and Job Reductions

Silicon Valley’s Unbridled Euphoria Runs Into Economic Reality

Once-buzzy start-ups had held out against the new reality that the good times are over. No longer.
What Is a ‘Go-Forward’ Employee?

The term, which has slipped into the vernacular, refers to workers who will keep their jobs as opposed to those who will be laid off.
CNN Cuts Back on Original Series and Films

Acquired and commissioned documentary movies and TV shows like ‘Navalny’ and ‘Stanley Tucci: Searching for Italy’ are going away.
CNN to Cut Costs Before End of Year

“These changes will not be easy, because it will affect people, budgets and projects,” Chris Licht, the head of CNN, told staff members.
Twitter Tries Calming Employees as Deal With Elon Musk Looms

With Mr. Musk’s $44 billion deal to buy Twitter set to close no later than Oct. 28, the company is trying to reassure workers about their employment and compensation.
Snap Earnings Show Revenue Growth Slowing but 19% More Users

The maker of Snapchat has been struggling with a sharp slowdown in its advertising business.
Gannett Announces Widespread Cost-Cutting

The moves at the nation’s largest newspaper publisher include a week of mandatory unpaid leave and voluntary buyouts.