Toshiba mulls cutting thousands of domestic jobs to reduce costs
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Google layoffs: Tech giant undertakes fresh job cuts in cost optimisation push
Technology giant Google is executing fresh layoffs in a bid to cut costs. The layoffs have impacted staff across Google’s real estate and finance departments, as per a Business Insider report. In the finance department, employees were let go in treasury, business services, and revenue cash operations.Google's finance chief Ruth Porat, in an email to staff, said that Google would build out its “growth hubs” in locations such as Bangalore, Mexico City, and Dublin as part of the restructuring, the...
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Blow to New Zealand media as two main news outlets announce programme closures and job cuts
More than 350 jobs to go after Warner Bros. Discovery closes all its Newshub news operations and TVNZ cuts programs and bulletinsNew Zealand’s news media has been dealt a major blow after two of its primary news outlets announced programme closures and hundreds of job losses between them on the same day, leaving the country with just one state-owned news television service and many senior journalists out of work.On Wednesday morning, Warner Bros. Discovery confirmed it would close all its...
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Take-Two Interactive cuts 5% of workforce, shutters projects amid cost-cutting measures
An SEC filing made by Take-Two reveals that it expects the cost-cutting efforts, which it calls "rationalizing its pipeline" and "streamlining its organizational structure," to incur costs of up to $200 million, including $35 million from employee-related costs and $140 million from canceled projects. There are also $15 million toRead Entire Article