US Ed Dept Recalls Staff to Tackle Civil Rights Backlog
The Trump administration recalls dozens of Education Department workers to address a growing backlog of over 25,000 civil rights complaints. A temporary fix amid ongoing layoff plans.
Category : Search result: Paramount layoffs
Kiyosaki Warns of 2026 Layoffs, Advises on Recession-Proofing
Author Robert Kiyosaki warns of bigger layoffs in 2026 and shares key strategies to build wealth during the coming recession. Learn how to protect your savings and find opportunities.
Netflix's $72B Warner Deal Faces Antitrust Fight
Netflix's massive $72 billion acquisition of Warner Bros. Discovery faces a major regulatory battle with the Trump administration. Will the streaming giant's dominance raise antitrust concerns?
Meta Cuts 30% from Metaverse, Shifts Billions to AI
Mark Zuckerberg announces deep cuts to Reality Labs and January layoffs after $70B metaverse losses. Meta pivots billions to AI like Llama and smart glasses. Investors cheer as stock jumps 6%. Read the full story.
US Judge Blocks 250 State Department Job Cuts
A US federal judge has temporarily blocked the layoff of 250 State Department employees. The ruling cites a law passed after the government shutdown. Read the full story for details.
Paramount Challenges WBD Sale Process, Cites Netflix Favouritism
Paramount Skydance formally questions the fairness of Warner Bros. Discovery's asset sale, alleging bias towards Netflix's bid. Read the full details of the corporate clash.
Paramount's $5B Breakup Fee in Warner Bros Bid Battle
Paramount Skydance hikes its breakup fee to $5 billion to acquire Warner Bros Discovery, signaling confidence against Netflix and Comcast. The winner could be chosen in weeks.
Channing Tatum's 'Roofman' Streaming on Paramount+ from Dec 9
Channing Tatum and Kirsten Dunst star in 'Roofman', based on the true story of Jeffrey Manchester. The film releases on Paramount+ on December 9. Read for plot, cast, and streaming info.
Amazon CEO: AI is a tool, not a job replacement
AWS CEO Matt Garman says AI amplifies human capability, not eliminates jobs. Yet, Amazon's recent layoffs and internal dissent raise questions. Read the full story.
IBM CEO: AI Not Main Cause of Tech Layoffs, It's a Correction
IBM CEO Arvind Krishna refutes AI as primary cause of tech layoffs, calling it a 'natural correction' post-pandemic over-hiring. He projects up to 10% AI-led job displacement, but sees long-term hiring growth. Read more.
Omnicom Cuts 4,000 Jobs, Merges Agencies After IPG Deal
Omnicom announces over 4,000 layoffs and major agency mergers following its $13 billion acquisition of rival IPG. CEO says savings will exceed $750 million. Read the full story.
Netflix, Paramount, Comcast Bid Again for Warner Discovery
Netflix leads a cash-heavy second bid for Warner Bros. Discovery, facing rivals Paramount and Comcast. The deal faces regulatory scrutiny and could reshape global streaming. Read the full details.
Algoma Steel to Cut 1,000 Jobs Due to US Tariffs
Canadian steel giant Algoma Steel will slash 1,000 jobs and shut its blast furnace in Ontario, blaming US tariffs for heavy losses. The layoffs start March 23, 2025. Read more.
MTV Music Channels Shut Down Globally
MTV's international music channels are closing worldwide by year-end, marking the final chapter for the network that revolutionized pop culture. Discover why digital platforms killed the radio star.
Streaming Guide: New Films, Music & Games This Week
Your guide to the week's top streaming releases: George Clooney's 'Jay Kelly' on Netflix, 'Mission: Impossible' on Paramount+, Zac Brown Band's new album & Metroid Prime 4.
Baidu Layoffs: 40% Staff Cut After Huge Quarterly Loss
China's Baidu begins massive layoffs affecting multiple units after reporting $1.59 billion quarterly loss. Core advertising revenue drops 18% as AI competition intensifies.
Mission: Impossible 8 Streaming on Paramount+ from Dec 4
Tom Cruise's Mission: Impossible - The Final Reckoning begins streaming on Paramount+ from December 4. Discover the star cast, plot details and global box office success.
HP to Cut 6,000 Jobs by 2028 in Major Restructuring
HP announces 4,000-6,000 job cuts by fiscal 2028, adding to earlier layoffs. Learn practical strategies to navigate tech sector uncertainty and protect your career.
Warner Bros Discovery Seeks Improved Bids by Dec 1
Warner Bros Discovery has set December 1 deadline for improved acquisition bids from Paramount, Netflix and Comcast. The media giant's sale could reshape entertainment industry.
Swire Group Cuts 10% Hong Kong Jobs in Restructuring
British conglomerate Swire Group eliminates 40 positions in Hong Kong office as China's economic slowdown impacts operations. Key departments affected include sustainability and finance.
Verizon's Massive Layoffs: Ex-CEO's Viral Message
Former Verizon Business CEO Tami Erwin shares an emotional open letter to 13,000+ employees facing layoffs. Read her powerful take on tech transformation and humanity in business.
HP Cuts 6,000 Jobs, Apple Reduces Sales Staff
HP announces up to 6,000 job cuts by 2028 in AI-driven restructuring while Apple quietly eliminates sales roles. Latest tech layoffs signal industry-wide cost-cutting trends.
Rush Hour 4 Revived: Chan, Tucker Return After Trump Push
Paramount greenlights Rush Hour 4 after Donald Trump's intervention. Jackie Chan and Chris Tucker set to return. Details on the deal and Warner Bros. bidding war inside.
Apple cuts sales jobs in rare workforce reduction
Apple eliminates dozens of enterprise, education and government sales positions in strategic shift. Affected employees have until January 20 to find new roles or accept severance.
Apple Layoffs Hit US Sales Teams in Strategic Shift
Apple Inc. lays off dozens of US sales employees in rare workforce reduction. Company confirms restructuring while maintaining hiring. Learn about impacted teams and strategic changes.
CBS Cancels 'Saturday Morning' After 28 Years
CBS cancels its iconic 'Saturday Morning' show, firing hosts Michelle Miller & Dana Jacobson. The move is part of major layoffs causing employee anxiety. Details inside.
Major Studios in Bidding War for Warner Bros Discovery
Paramount Skydance, Comcast, and Netflix are bidding to acquire Warner Bros Discovery. Explore the political and regulatory risks shaping this high-stakes media deal.
Amazon Layoffs Hit Engineers Hardest: 40% Impact
Amazon's massive layoffs of 14,000 employees disproportionately affected engineers, with mid-level roles seeing the highest impact. Get the full details on the tech giant's restructuring.
Three Giants Bid For Warner Bros. Discovery Split
Paramount, Comcast and Netflix submit bids for Warner Bros. Discovery assets as company plans separation. Only Paramount bids for entire package including cable networks.
Verizon Cuts 13,000 Jobs in Largest Workforce Reduction
Verizon announces elimination of 13,000 positions amid competitive pressures. CEO cites need to streamline operations. Discover how this impacts telecom industry.
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