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Showing results for "Layoffs"
BUSINESS
Netflix Trims Product and Creative Teams in Strategic Restructure
Approximately 50 employees were impacted as the streaming giant streamlines its global operations following recent leadership changes.
· 1 min read
BUSINESS
"This is Not About Consolidation": Paramount Finalizes $110 Billion Warner Bros. Discovery Merger
The blockbuster deal creates a media titan saddled with $79 billion in debt, as Paramount+ and HBO Max prepare to unite against Netflix.
· 2 min read
BUSINESS
Gerry Cardinale: $111B WarnerMount Merger Won’t Mean Mass Layoffs
The RedBird Capital founder tells Puck and 'The Town' that $6 billion in cuts will help reach a massive $18 billion EBITDA goal without gutting the workforce.
· 2 min read
BUSINESS
"The Industry is Changing": iPic Theaters Files for Second Bankruptcy and Shuts Locations
Luxury cinema chain iPic Entertainment enters Chapter 11 to pursue a sale, announcing layoffs and the closure of its Redmond theater as ticket sales slump.
· 1 min read