Layoffs and Job Reductions – Page 76

BuzzFeed Shuts Down Its News Division

BuzzFeed News, which won a Pulitzer Prize but never made money, is “beginning the process of closing,” the company’s founder, Jonah Peretti, said in a memo to employees.

By Benjamin Mullin and Katie Robertson

Bankruptcies David's Bridal Inc Layoffs and Job Reductions Shopping and Retail Weddings and Engagements

David’s Bridal Files for Bankruptcy for Second Time in Five Years

The wedding dress retailer, which has some 300 locations, said it “intends to continue exploring a sale of all or some of its assets.”

By Jordyn Holman and Lauren Hirsch

Computers and the Internet Facebook Inc Layoffs and Job Reductions Meta Platforms Inc Mosseri, Adam Olivan, Javier Social Media

Mass Layoffs and Absentee Bosses Create a Morale Crisis at Meta

Workers at Facebook’s parent have been increasingly alarmed by job cuts and the company’s direction.

By Sheera Frenkel and Mike Isaac

Basketball Brown, Jaylen (1996- ) Budgets and Budgeting Hiring and Promotion Inflation (Economics) Labor and Jobs Layoffs and Job Reductions National Basketball Assn Organized Labor Silver, Adam (1962- )

N.B.A. Blames Economy for Hiring Freeze and Budget Cuts

In a memo, the league said it was “facing a very different economic reality than just one year ago.”

By Sopan Deb