Latest in Layoffs Buyouts
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Associated Press to cut 8% of staff through layoffs and buyouts
Agency president says fewer than half of cuts should affect news division as 121 people reportedly given buyout offers. The Associated Press announced on Monday that it plans to reduce its ...World - The Guardian - 8 hours ago -
The Associated Press says buyouts and some layoffs are ahead as it seeks to cut its workforce by 8%
The Associated Press says it is looking to cut 8% of its workforce, primarily through buyouts, and employees eligible to leave their jobs would begin getting notificationsEntertainment - ABC News - 1 hour ago -
Potential Cigna buyout of Humana is a ‘when,’ not an ‘if,’ analyst says
Humana’s stock looked to rally Monday. And Mizuho analyst Ann Hynes said she believes a buyout by Cigna Group is likely — it’s just a matter of timing.Business - MarketWatch - October 21 -
Southwest Offers Buyouts and Blames Boeing for Job Cuts
The embattled carrier will lay off airport workers in several locations as it cuts flights due to a shortage for Boeing 737 aircraft.Business - Inc. - 6 days ago -
Associated Press cutting staff through buyouts
The Associated Press is slashing a number of jobs as a cost cutting measure, the company confirmed this week. In a note to staff on Monday, CEO Daisy Veerasingham wrote the AP is will offer "a ...Politics - The Hill - 10 hours ago -
7-Eleven Owner Receives Buyout Proposal From Founder's Son
Seven & i Holdings said a special committee is reviewing the proposal made by Vice President Junro Ito and his affiliated firm.Business - The Wall Street Journal - 5 days ago -
Unemployment Applications Rose, But Layoff Levels Are Low
The four-week average of claims fell by 9,750 to 227,250.Business - Inc. - November 8 -
Spirit Airlines announces layoffs, jet sales as it tries to stay afloat
Embattled discount airline Spirit Airlines Inc. on Thursday said it would cut staff, scale back flight coverage and sell jets as it seeks a lifeline following its failed merger with JetBlue Airways ...Business - MarketWatch - October 25 -
Spirit Plans Layoffs and Plane Sales Amid Financial Turbulence
The company disclosed its plans for $80 million worth of cost-cutting moves, but has shared few details.Business - Inc. - October 28 -
PlayStation Executive Defends Layoffs, Says They Were Necessary To Run A Business
It's been tough times of late at Sony Interactive Entertainment, as the PlayStation company began the year by cutting 900+ jobs and cancelling games. In July, Sony axed a number of positions ...Tech - GameSpot - October 31 -
Netflix Executive Promotes AI Game Development Shortly After Huge Layoffs
Generative AI has been the epicenter of conversation about the future of entertainment across movies , TV , music , and video games . With more studios and developers embracing the technology, ...Tech - GameSpot - November 4 -
Life Is Strange Dev's Workers Are Going On Strike Over Impending Layoffs
Workers at the French gaming studio Don't Nod--the developers behind Jusant, Life is Strange 1 and 2, and upcoming release Lost Records: Bloom & Rage--are set to strike this week due to imminent ...Tech - GameSpot - November 6 -
Dutch say De Jong to play after 14-month layoff
Netherlands coach Ronald Koeman expects Frenkie de Jong to make his long-awaited international comeback in Amsterdam on Saturday when they host Hungary in the Nations League.Sports - ESPN - 6 days ago -
Los Angeles radio station KFI-AM (640) news division gutted by layoffs
Thirteen employees were laid off this week at iHeartMedia's KFI-AM (640), cutting the staff of the Los Angeles radio station in half.Entertainment - Los Angeles Times - 6 days ago -
SteamWorld Creators Announce Incoming Layoffs And Focus On Third-Party Games
Thunderful Games, the developer of the SteamWorld series, has announced 80-100 layoffs at the company and a reshifting focus for third-party games. In a press release , the company said the ...Tech - GameSpot - 3 days ago -
Union calls Democratic party staff layoffs after record fundraising ‘callous’
Leadership accused of betraying party values after sudden announcement of layoffs without severance. The union representing workers at the Democratic National Committee (DNC) has accused the ...World - The Guardian - 8 hours ago -
Endeavor sells OpenBet, IMG Arena for $450 million in Ari Emanuel-led management buyout
Endeavor said it will sell two of its properties to OB Global Holdings LLC, in a management buyout backed by Endeavor CEO Ari Emanuel.Entertainment - Los Angeles Times - November 11 -
She had her dream job. Now she's facing death threats, a cyberstalker and growing legal bills
Misinformation researchers say they are facing a more treacherous landscape this election season than in the past, fueled by online trolls and lawsuits.Business - CNBC - October 23 -
Jobless claims fall again as hurricane effects fade. Layoffs back to very low levels.
The number of Americans who applied for unemployment benefits last week fell sharply for the second week in a row to 227,000, reversing a spike in claims earlier in the month after a pair of major ...Business - MarketWatch - October 24 -
Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.Business - CNBC - October 24 -
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.Business - CNBC - October 28 -
Amazon CEO Andy Jassy denies that 5-day office mandate is a 'backdoor layoff'
Amazon CEO Andy Jassy denied speculation that the recently announced RTO mandate was made to further reduce head count or appease city officials.Business - CNBC - November 6
