Paramount axes CBS News executives in major shake-up
Major upheaval at CBS News as Paramount Global terminates multiple senior executives including co-presidents Neeraj Khemlani and Wendy McMahon in dramatic corporate overhaul.
Category : Search result: layoffs
Trump urges government shutdown, risking federal worker pay
Former President Donald Trump urges Republican lawmakers to force a government shutdown unless his demands are met, risking pay suspensions for millions of federal workers and military personnel.
Trump Advisor Warns Shutdown Could Spark Mass Layoffs
Exclusive: Kevin Hassett, former Trump economic advisor, warns that prolonged US government shutdown could trigger widespread job losses and economic turmoil.
US Government Shutdown Crisis: Mass Layoffs Warning
As the US government shutdown looms, Vice President JD Vance faces criticism for misleading claims while the White House warns of imminent economic consequences affecting millions of Americans.
US Government Shutdown Crisis: Vance Faces Backlash
Exclusive analysis reveals how JD Vance's controversial stance on government shutdown could trigger mass federal layoffs and economic turmoil in the US.
Westpac Axes 132 Jobs in Operational Overhaul
Australia's Westpac bank is cutting 132 roles in a significant operational overhaul, primarily affecting back-office and support staff, as part of a broader cost-cutting strategy.
McLachlan and Kimmel protest Disney's journalist layoffs
Music icon Sarah McLachlan and talk show host Jimmy Kimmel lead a powerful return to the picket lines, protesting Disney's controversial layoffs of entertainment journalists.
Domino's Pizza Slashes Over 1,100 UK Jobs
Domino's Pizza Group announces the elimination of over 1,100 roles, primarily affecting delivery drivers, as part of a strategic shift following a business review and changing customer habits.
US Schools Face Financial Cliff as Federal Covid Aid Ends
American schools are bracing for severe cuts as a $190bn federal pandemic aid package expires, threatening teacher layoffs, programme cancellations, and larger class sizes across the nation.
Amazon Slashes Hundreds of Jobs in UK and Global Restructure
Amazon announces significant job cuts across its Prime Video and MGM Studios divisions, impacting hundreds of employees in the UK and US in a strategic shift towards profitability.
Sky axes 600 UK jobs in major restructuring shake-up
Broadcasting giant Sky announces plans to cut 600 UK roles in a significant restructuring effort, impacting technology and head office teams. The move aims to streamline operations and respond to evolving market demands.
Sky announces up to 1,000 job cuts in streaming overhaul
Sky, the UK media giant, is set to cut up to 1,000 jobs as it pivots focus towards its streaming services. The restructuring primarily impacts teams at its Osterley campus, signalling a major strategic shift in response to changing viewer habits.
Amazon Axes 100+ Music & Twitch Roles
Amazon announces significant layoffs within its music streaming and Twitch divisions, cutting over 100 roles in Los Angeles and Puerto Rico as part of a broader restructuring effort.
MSNBC fires veteran political analyst Matthew Dowd in shock move
MSNBC has abruptly terminated the contract of veteran political analyst Matthew Dowd, a former George W. Bush aide turned Trump critic, in a major on-air talent shakeup. The surprise move was announced in an internal memo, leaving viewers and insiders spe
Novo Nordisk cuts 9,000 jobs amid Ozempic competition
Danish pharmaceutical giant Novo Nordisk announces major restructuring, cutting 9,000 jobs globally. The move comes as competition intensifies in the lucrative weight-loss and diabetes drug market, challenging its blockbuster medications Ozempic and Wegov
ANZ and NAB Slash Hundreds of UK Banking Jobs in Major Restructure
Exclusive: Two of Britain's leading banks, ANZ and National Australia Bank, announce significant job cuts as part of a major operational restructuring, affecting hundreds of UK banking staff.
ANZ Bank to axe thousands of jobs in major restructuring
ANZ Bank announces a massive restructuring plan, slashing thousands of jobs in Australia to cut costs and boost efficiency. The move signals a major shift in the banking sector's operational strategy.
Atlassian Axes 5% of Staff in Major AI Restructuring
Australian tech giant Atlassian, co-founded by billionaire Mike Cannon-Brookes, is laying off 5% of its staff in a strategic pivot towards artificial intelligence, impacting hundreds of employees globally.
ConocoPhillips Axes 25% of UK Oil Workforce
US oil giant ConocoPhillips has announced deep cuts to its British operations, slashing a quarter of its UK workforce. The move signals a major shift in the North Sea energy landscape and raises concerns about the future of the region's oil industry.
Kroger Announces Major Job Cuts in Supermarket Restructuring
Exclusive: US supermarket titan Kroger confirms significant job cuts across multiple departments, leaving staff 'devastated' as it streamlines operations ahead of proposed merger with Albertsons.
Zuckerberg's £75M gift to guard called 'tone-deaf'
Meta CEO Mark Zuckerberg faces backlash for gifting his security chief a reported £75 million package, including a luxury home, as tech layoffs continue. Critics brand the move 'obscene' and 'out of touch'.
Ford Eliminates 1,400 Jobs in US Electric Vehicle Restructuring
Ford Motor Company announces significant job cuts, eliminating 1,400 positions across Michigan and New York as part of its strategic shift toward electric vehicle production.
UK Grocery Chain Closes 60 Stores in Mass Layoffs
A prominent UK supermarket chain is set to close 60 stores and cut hundreds of jobs in a drastic restructuring plan aimed at reducing costs and adapting to changing consumer habits.
ESPN SportsCenter axes veteran anchors Everett and Verrett
Long-serving ESPN SportsCenter anchors Stan Verrett and Neil Everett are departing the network as part of a significant programming overhaul, marking the end of an era for the flagship show.
CBS News axes Gayle King in major Paramount restructuring
Exclusive report: CBS News makes dramatic cuts, parting ways with broadcasting icon Gayle King and executive Neeraj Khemlani in a sweeping overhaul by parent company Paramount Global.
Major Manufacturer Closes California Factory After 78 Years
A landmark US manufacturing firm closes its California factory after 78 years, laying off hundreds of workers and dealing a severe blow to the state's industrial sector amid a growing business exodus.
Musk's X settles £400m discrimination case with ex-Twitter staff
X Corp, formerly Twitter, agrees to a massive settlement after a US judge found 'overwhelming' evidence of targeting older and disabled employees in mass layoffs following Musk's takeover.
UK TikTok Jobs Axed in Global Safety Team Shake-Up
Hundreds of TikTok's UK-based trust and safety roles are at risk as the video-sharing giant launches a major global restructure, leaving employees devastated.
TikTok Slashes Hundreds of UK Jobs in Major Restructure
TikTok has announced a significant restructuring of its UK operations, resulting in hundreds of job losses. The move impacts sales and advertising staff as the tech giant streamlines its European business.
Musk Must Face $500m Twitter Severance Lawsuit, Judge Rules
A US federal judge rules that Elon Musk must confront a lawsuit alleging he refused to pay at least $500 million in severance to thousands of Twitter employees he dismissed after his $44 billion acquisition. The case advances as the court finds credible c
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