memo

Amazon has cut jobs in its advertising unit. These job cuts are part of the third round of layoffs announced by CEO Andy Jassy last month. In a memo to employees, Paul Kotas, Amazon’s senior vice president of advertising, IMDb and Grand…

Amazon has announced that it is laying off more than 100 employees from its gaming division. In a memo sent to employees, Christoph Hartmann, vice president, Amazon Games, said that Amazon plans to support its focus on content. “We will…

The modified 737 aircraft "Cosmic Girl" lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021.Virgin OrbitWith Virgin Orbit now under bankruptcy protection, departing Chief Operating Officer…

After everything this NCAA men’s tournament has had to offer. After all the one seeds fell. After an Ivy League school made the Sweet 16. After a Conference USA team made the Final Four. After 62 other schools lost, we get a blueblood in…

Earlier this year, Disney CEO Bob Iger told shareholders during an earnings call that the company plans to lay off 7,000 employees. The move is part of a significant restructuring said Iger who returned as CEO in November 2022, replacing …

Bob Iger, CEO, Disney, during CNBC interview, Feb. 9, 2023.Randy Shropshire | CNBCDisney will begin layoffs this week, the first of three rounds before the beginning of the summer that result in about 7,000 job cuts, according to a memo…

Amazonhas announced that it is laying off 9,000 more employees. The latest job cuts are in addition to the previously announced layoffs wherein the company reduced 18,000 jobs. With the latest reduction in workforce, the total number of…

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said.While technology companies such as Microsoft, Meta and Alphabet have laid off…

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by news agency Reuters said. The job cutsat Ericsson are the largest layoffs to hit the telecom…

STOCKHOLM: Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have…