CNN will cut an estimated 100 jobs as part of a new shift in the company to change its operations and strengthen its digital media presence, higher ups told employees in an internal memo viewed by multiple sources.
Read More CNN Says It Will Cut 100 More Jobs To Better Focus On Its Digital ServiceTag: job cuts
Financial industry grappling with AI’s gifts and perils, executives say
The spread of AI-based systems offers big opportunities for financial services firms, but asset managers face higher stakes because they manage sensitive information.
Read More Financial industry grappling with AI’s gifts and perils, executives sayUS weekly jobless claims edge higher, Q1 labor costs revised lower
The labor market is cooling but not enough to allay the Federal Reserve’s hesitance to begin cutting interest rates.
Read More US weekly jobless claims edge higher, Q1 labor costs revised lowerTesla to lay off more than 10% of staff globally as sales fall
Tesla will lay off more than 10% of its global workforce as it grapples with falling sales and an intensifying price war for EVs.
Read More Tesla to lay off more than 10% of staff globally as sales fallPlayStation’s Sony To Cut 900 Jobs, As Layoffs Continue To Increase In Gaming Sector
Tech and video game giant Sony has announced a major round of layoffs.
Read More PlayStation’s Sony To Cut 900 Jobs, As Layoffs Continue To Increase In Gaming SectorSnap Cutting 10% Of Global Workforce
The Social media company Snap has announced another round of layoffs amid financial struggles lately.
Read More Snap Cutting 10% Of Global Workforce