Tag Archives: cutting

Paramount, Google among companies cutting staff

Paramount, Google among companies cutting staff

The entertainment industry is the latest to undergo job cuts, with major companies like Disney (DIS) and Paramount Global (PARA) reportedly planning layoffs in 2024. These media giants join the wave of tech and other industries reducing headcount to cut costs amid economic uncertainty. Yahoo Finance reporters Alexandra Canal, Josh Schafer, and Brooke DiPalma discuss the growing trend of layoffs post-Covid. For more expert insight and the latest market action, click here to watch this full… Source link

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Google is cutting more jobs, this time at its X Labs, here’s what the lab’s head told employees

Google is cutting more jobs, this time at its X Labs, here’s what the lab’s head told employees

Job cuts continue at Google. Google parent Alphabet moonshot factory X is reportedly restructuring, laying off some staff and turning to outside investors to fund its ambitious projects. According to a report in Bloomberg News, “Alphabet Inc.’s lab for pioneering technology is laying off dozens of employees as it turns to outside investors to help fund its ventures.”The X lab is reportedly adopting a new structure that will enable its projects to more easily spin out of X as independent… Source link

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