Brown-Forman to Cut 12% of Workforce in Restructuring
Read more at The Wall Street Journal
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BioWare restructures around Mass Effect
The next Mass Effect title will take BioWare's full focus, but it's not quite ready for full production yet.VentureBeat - 1d -
CNN to lay off dozens as part of major restructuring
Cable giant CNN is planning to lay off dozens of employees and undergo a major restructuring as the outlet looks to retool itself around digital during President Trump's second term. The layoffs ...The Hill - Jan. 23 -
The Trevor Project to undergo layoffs and restructuring in major ‘transformation’
The Trevor Project, a national LGBTQ youth suicide prevention and crisis intervention organization, announced Friday that it will undergo a “transformation” that will include layoffs and ...NBC News - Jan. 17 -
Brown-Forman laying off 648 people as stock price hits 10-year low and sales decline
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of ...MarketWatch - Jan. 14 -
Meta to end programs aimed at diversifying workforce
Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse candidates, the latest dramatic change ahead of ...NBC News - Jan. 10 -
Browns' Deshaun Watson tears Achilles for second time in 12 weeks: QB could now miss entire 2025 season
The Browns might need a new starting signal-caller for 2025CBS Sports - Jan. 10 -
IGM Biosciences to cut 73% of workforce as latest pivot fails to pan out, sending stock down 69%
IGM Biosciences is again cutting staff as it scraps an autoimmune-drug trial after failing to achieve the desired results.MarketWatch - Jan. 10 -
Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - Jan. 7
More from The Wall Street Journal
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Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - 6d -
Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.The Wall Street Journal - 6d -
Amazon Willing to Discuss Quebec Shutdown With Canadian Officials
Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to ...The Wall Street Journal - 6d -
Target Drops DEI Goals and Ends Program to Boost Black Suppliers
Once a stalwart supporter of Black and LGBTQ rights, the retailer joined corporate America’s retreat from DEI initiatives.The Wall Street Journal - 6d -
Energy & Utilities Roundup: Market Talk
Find insight on Cnooc, YTL Power International, Ampol, and more in the latest Market Talks covering energy and utilities.The Wall Street Journal - 6d
More in Business
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Apple shares rise 3% as boost in services revenue overshadows iPhone miss
Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.CNBC - 10m -
FDA approves Vertex’s non-opioid painkiller, first new kind of pain medicine in decades
The Vertex drug is a milestone after a long history of unsuccessful efforts to develop painkillers without the addictive potential of opioids.CNBC - 15m -
RFK Jr. Says He Won’t Keep Financial Stake in HPV Vaccine Lawsuits
Senators had objected to the financial conflict posed by Robert F. Kennedy Jr.’s decision to retain a financial stake in lawsuits against a major drug company. It remains unclear whether any ...The New York Times - 19m -
Intel issues weak forecast, but beats on fourth-quarter results
Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.CNBC - 22m -
67 believed dead after American Airlines plane collides with Army helicopter
An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.CNBC - 29m