Layoffs

Tesla is sacking some of its employees working on battery production lines at its Shanghai plant, Bloomberg reported Friday. The move comes amidst an aggressive price war in China, where electric car manufacturers are offering incredible…

The number of Americans applying for jobless benefits rose last week, but remains at healthy levels despite the Federal Reserve's attempt to cool the labour market by raising interest rates.US applications for jobless claims rose by 12,000…

This representational picture shows a guy walking past a display depicting AI. — AFP/File The tech industry, which created artificial intelligence, has laid thousands of people in just 2023 due to AI being the reason behind it. AI…

Pat McAfee speaks out on ESPN layoffs 'after getting murdered on the internet' amid his new 'multimillion dollar deal', saying he aims to prevent future 'mass exits'McAfee was recently acquired by ESPN for a multi million…

As part of ESPN's continuing rollout of cuts and layoffs, SportsCenter anchor Ashley Brewer has been let go from the network.The 31-year-old Brewer has made various appearances on the show since September of 2020 after previously serving as…

ESPN, the renowned sports network, has implemented a series of layoffs that have significantly impacted its coverage of the NFL and NBA. According to reports, some prominent figures have been let go, including top NBA game analyst Jeff Van…

The July 2023 edition of National Geographic is for sale at a newsstand in Washington, on Thursday, June 29, 2023. The National Geographic magazine, the 135-year-old iconic magazine covering science, exploration, the natural world, and…

The National Geographic magazine has laid off its last remaining staff writers. According to a report by The Washington Post on Thursday (June 29), the cutback involves some 19 editorial staffers in all, who had been notified in April that…

The NewsIn a move that surprised many sports fans and underscored the challenges for media companies, ESPN announced Friday that it had laid off some broadcast journalists in hopes of saving money.ESPN said in a statement that it needed to…

After assuring shareholders that Byju’s is on a strong footing, Chief Executive Officer Byju Raveendran, after much delay, spoke to employees in a townhall session. Photograph: PTI Photo In his first-ever address to employees since…