CNN boss Mark Thompson to lay off hundreds after Election Day ratings wipeout: report
CNN, struggling with ratings problems, is reportedly poised for a major disaster, with boss Mark Thompson expected to let go of high-paying show stars as part of widespread layoffs has been done. The cable network, which lagged behind rivals MSNBC and Fox News in its election night coverage last week, will implement “layoffs affecting hundreds […]
Critics lay into Fetterman for attacking Pennsylvanians who didn’t vote Democrat
Days after unwittingly nudging Joe Rogan into even stronger support for President-elect Donald Trump, Pennsylvania Sen. John Fetterman (D) has announced that he will be backing the defeated Democratic congressman. One group of voters has been found a scapegoat. Rather than acknowledge the weakness of his comrades' claims to the American people or simply acknowledge […]
Rescued New York Community Bank to Lay Off 700 at Its Flagstar Subsidiary – VINNews
FILE – February 9, 2024 at a New York Community Bank branch in Upper Manhattan, New York. (AP Photo/Ted Shafley, File) (AP) – Struggling New York Community Bancorp said Friday it will cut 700 jobs at subsidiary Flagstar, which aims to return to profitability after being bailed out by investors earlier this year. […]
Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary – The Associated Press
Struggling New York Community Bancorp said Friday it will cut 700 jobs at its Flagstar subsidiary as it seeks to return to profitability following an investor bailout earlier this year. The bank said the job cuts amount to 8% of its workforce. The company also plans to sell its mortgage repayment business to mortgage company […]
Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary, with more cuts coming – Yahoo Finance
Struggling New York Community Bancorp said Friday it will cut 700 jobs at its Flagstar subsidiary as it seeks to return to profitability following an investor bailout earlier this year. The bank said the job cuts represent 8% of its headcount, with a further 1,200 job cuts to be implemented after the sale of other […]
McDonald’s Fries Supplier to Shut Down Washington Plant, Lay Off 375 Workers as Fast Food Prices Soar
North America's largest french fry maker will close its Washington factory and lay off hundreds of workers, company officials announced in a recent earnings call. In an Oct. 1 article, Tom Warner, president and CEO of Lamb Weston Holdings, cited “sluggish” restaurant traffic and demand for frozen fries. press release Provides details of business failures […]
Families lay wreaths to mark 25 years since Ladbroke Grove rail crash | Train crashes
On the 25th anniversary of the disaster that killed 31 people, the families of the Ladbroke Grove train disaster have laid out flowers to remember the victims and honor those who came to their aid. The accident was one of the most devastating railway accidents in recent UK history, with over 220 people injured. Shortly […]
CVS to lay off nearly 3,000 employees
Woonsocket, Rhode Island (WPRI) — CVS Health plans to lay off about 3,000 employees nationwide, a company spokesperson confirmed Monday. CVS spokesperson Mike DeAngelis said in a statement to Nexstar's WPRI that the pharmacy giant is cutting 2,900 jobs due to “ongoing disruption, regulatory pressures, and evolving consumer needs and expectations.” Ta. “It is important […]
ESPN’s decision to lay off Zach Lowe is a slap in the face to NBA fans
Zach Lowe has a strong case to be the best sportswriter in America right now. of course, sports writer Lowe's role at ESPN over the past few years is only partially explained. He's a staple on TV as a panelist on NBA Today and host of the best podcasts covering the league. low post. In […]
Trump to lay out his plan for drawing foreign companies to the US
America is open for business. Former President Donald Trump is expected to say this during a campaign speech in Georgia later Tuesday, in which he will offer foreign companies a “deal” they can't refuse to do business in the United States. During his speech in Savannah, the 45th President would offer companies that manufacture in […]