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Paramount is laying off 15% of its staff, or about 2,000 people, in a major cost-cutting move aimed at finding $500 million in annual savings. Paramount shutters television studio, begins major ...
Microsoft to layoff 1,900 workers. Microsoft announced plans to lay off 1,900 employees at Activision Blizzard and Xbox on Jan. 25.. The layoffs represent about an 8% cut of its video gaming staff ...
German companies in the Fortune 500 Europe have announced over 60,000 layoffs this year, in a sign of the country’s ongoing economic malaise that has left manufacturers reeling. Major German ...
The layoffs will result in annualized cost savings of around $200 million by the end of September 2025. "As we carry out our plan, it's important to bear in mind why we're making these difficult ...
Layoff timelines will vary by location, and PlayStation's London Studio will be closed entirely. [12] On July 31, 2024 Sony announced further layoffs at Bungie, cutting 220 employees (17% of Bungie’s workforce), while 155 employees were reassigned to other PlayStation Studios, and around 40 moved to a new studio.
An additional wave of layoffs was announced Jan. 4, bringing the total number of planned layoffs at Amazon to 18,000 — so far. The ecommerce giant is to begin advising affected workers starting ...
Here's a roundup of major layoffs that have rattled the sector just a few weeks into the new year. Spotify. Spotify announced Monday that it would lay off 6% of its workforce, which shakes out to ...
The online retail giant owns two other companies that announced major layoffs in January: Audible, the online audiobook and podcast service, which is trimming about 5% of its workforce, and ...