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CNN boss Mark Thompson confirms 200 layoffs in digital push

CNN chief Mark Thompson announced sweeping changes to the network Thursday, including the layoffs of 200 traditional TV production jobs as the company invests in new digital roles, according to reports. . Mr. Thomson said in an interview Thursday that the company plans to add about 200 new digital jobs following job cuts in its […]

Starbucks corporate layoffs looming in March: CEO

Starbucks CEO Brian Nicol said the company needs to be more transparent about its app's pricing. Global coffeehouse chain Starbucks plans to cut corporate jobs as CEO Brian Nicol continues reforms to boost sluggish sales and improve profitability. . Nicol made the announcement through a notice to employees that was also posted on Starbucks' website. […]

CNN, NBC News planning mass layoffs: report

CNN President Mark Thompson is reportedly planning to announce mass layoffs on Thursday, days after announcing that he will be hiring Donald Trump for top broadcast talent such as Jake Tapper and Anderson Cooper. He warned against “pre-judging” President Trump. The ratings-challenging cable news pioneer plans to lay off hundreds of employees as it refocuses […]

HuffPost’s top editor resigns over layoffs, fury at CEO for ‘bowing to MAGA

HuffPost's top editor has resigned after the left-leaning news site was hit with mass layoffs and amid growing anger that the parent company was “bowing to MAGA” ahead of President Donald Trump's inauguration this month. Editor-in-chief Daniel Belton announced late Thursday that he would be leaving the company. It comes two days after the BuzzFeed-owned […]

More layoffs announced for Wells Fargo – KCCI Des Moines

Jody Marcus. thank you. Further job cuts are expected at Wells Fargo and West Des Moines in Iowa. The company plans to lay off 21 employees at its Jordan Creek campus on February 10, Warren reported. More than 300 employees have been laid off at Subway since the beginning of the year. And since spring […]

Boeing announces layoffs across Florida

See what's being clicked on FoxBusiness.com. Boeing will issue layoff notices to more than 100 employees across Florida starting in January 2025, according to the Worker Adjustment and Retraining Notification Act letter. Sites include Titusville, where Boeing plays an important role in the aerospace industry, and the Kennedy Space Center. The company spent more than […]