Tag: Layoffs
-
Epic Games Announces Major Layoffs and Sells Bandcamp Amid Financial Challenges @ Top40-Charts.com -Playlists
[ad_1] New York, NY (Top40 Charts) Epic Games, the creators of the mega-hit game Fortnite, have announced they’ll be letting go of 870 employees, which is about 16% of their team. They’re also parting ways with Bandcamp, an online music platform they bought just last year. In a note to their team, Epic shared that…
-
Sundance Institute Hit With Layoffs – IndieWire – Armessa Movie News
[ad_1] Sundance Institute has laid off 11 employees — about six percent of its 180-person staff — on Wednesday, with the non-profit organization citing a drop in earned revenue, rising inflation, and a “more challenging fundraising climate.” Sundance Institute CEO Joana Vicente informed the team on Wednesday in a memo sent to staff and obtained…
-
Spielberg, Scorsese & PTA Team Up & Intervene After Warner Bros. Discovery’s Latest Layoffs – Armessa Movie News
[ad_1] Three major filmmakers have come to the defense of Turner Classic Movies, making an “emergency call” to Warner Bros. Discovery CEO David Zaslav. Following the merger of Warner Bros. and Discovery, which coincided with the appointment of Zaslav, there has been some major restructuring of many areas of the company, especially the streaming service…
-
TCM Layoffs: Steven Spielberg, Martin Scorsese Meet with David Zaslav – Armessa Movie News
[ad_1] After Warner Bros. Discovery announced layoffs at Turner Classic Movies (TCM) on Tuesday, filmmakers Steven Spielberg, Martin Scorsese and Paul Thomas Anderson conferred with WBD chief David Zaslav about the future of the cinema network. Variety has learned that the Warner Bros. Discovery CEO convened a call with the trio of top filmmakers on…
-
LA Times Layoffs Hit 74 Staffers – IndieWire – Armessa Movie News
[ad_1] The Los Angeles Times has laid off a total of 74 editorial staffers, amounting to about 13 percent of newsroom positions, IndieWire has confirmed. Staffers were informed on Wednesday in a memo from executive editor Kevin Merida, who said the decision was “made more urgent by the economic climate and the unique challenges of…
-
It’s funny how quick things went from “no one wants to work” to layoffs – Gifs & Memes
[ad_1] It’s funny how quick things went from “no one wants to work” to layoffs [ad_2] View Reddit by QuicklyThisWay – View Source Gifs & Memes
-
Disney Layoffs to Start This Week: Read Bob Iger’s Memo to Staff – Armessa Movie News
[ad_1] 7,000 jobs will be cut from the Walt Disney Company in three stages. We knew mass-layoffs were coming to Disney, we just didn’t know when. That lingering question was answered Monday via a memo to staff from CEO Bob Iger. In the email, obtained by IndieWire, Iger explained that approximately 7,000 jobs from the…
-
Disney’s Bob Iger Announces Layoffs, Affecting Thousands of Employees- Armessa Movie News
[ad_1] Photo by Charley Gallay/Getty Images for Disney Disney isn’t safe from the ongoing layoffs that have been occurring lately. It was reported that the company is facing layoffs, affecting thousands of people. Disney CEO, Bob Iger announced the news during the House of Mouse’s Q1 earning call. According to Deadline, 7000 people will be…
-
Bob Iger Plans 7,000 Layoffs and Big Re-Org at Disney – Armessa Movie News
[ad_1] Bob Chapek’s DMED is gone. In its place is billions in cost-saving synergies. Disney intends to lay off approximately 7,000 jobs in an enormous overhaul and re-organization that the company projects will save $5.5 billion in cost synergies. CEO Bob Iger in his first earnings report since returning as CEO announced the massive cuts…
-
Spotify Could Be The Next Big Company To Have Mass Layoffs – Armessa Music News
[ad_1] via Spotify An insider has leaked that Spotify may become the next major technology company to cut jobs. According to The Hollywood Reporter, the Swedish audio streaming giant has discussed lowering its operational expenses since last summer. At the outfit’s investor day in June 2022, CEO Daniel Ek informed its estimated 9800 employees that the company would…
-
HLN Layoffs Made Headline News for the Wrong Reasons: Read the Memo – Armessa Movie News
[ad_1] The former CNN Headline News channel will cease live programming, sending Robin Meade and her staff packing in the latest Warner Bros. Discovery layoffs. HLN, formerly known as CNN’s Headline News cable channel, is ceasing its live-programming operations. That means “Morning Express with Robin Meade” and “Weekend Express” are canceled, a person with knowledge…