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, 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 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 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
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
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 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.
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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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 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.
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
New data shows a significant jump in US unemployment benefit applications, signalling a potential cooling of the labour market. However, the overall pace of layoffs remains subdued, pointing to a resilient economy.
CBS News announces major changes to its evening broadcast format, resulting in the departure of two prominent anchors. Discover the details behind this dramatic restructuring.
Australia's national airline Qantas has been slapped with a hefty fine for unlawfully dismissing workers during the COVID-19 crisis. Discover the full story behind this controversial decision.
Australia's flagship airline Qantas has been ordered to pay a staggering £90 million penalty after unlawfully terminating 1,700 ground staff during the COVID-19 crisis.
A leading social media platform has announced sweeping job cuts as part of a strategic overhaul, raising concerns about the future of digital content moderation.
US salad chain Sweetgreen announces layoffs as sales slump, raising questions about the future of premium fast-casual dining.
Rising layoffs linked to AI adoption spark fears over job security. Experts weigh in on the future of employment in an automated world.
Stanford University is under scrutiny after announcing layoffs tied to financial pressures exacerbated by Trump-era policies. Critics argue the cuts target diversity initiatives.
Andrew Tulloch, Meta's high-profile AI executive, has left the company following a wave of layoffs and strategic shifts under Mark Zuckerberg's 'Year of Efficiency'.
Employees at Google and YouTube's Brighton offices are being offered relocation to London or redundancy as part of a global cost-cutting strategy.