Job Cuts Archives

June 3, 2025
Entertainment
Industry

Disney to lay off several hundred employees in film, TV, finance globally

File picture of the Disney logo on a store | Photo Credit: Reuters Media company Walt Disney is laying off several hundred employees in film, television and corporate finance, a source familiar with the matter said on Monday (June 2, 2025). The layoffs affect multiple teams around the world, including film and TV marketing, TV […]

May 26, 2025
International
World

Struggling German steel giant Thyssenkrupp plans major overhaul | World News

FRANKFURT: Thyssenkrupp said Monday it planned a major overhaul that will split the vast conglomerate into several standalone businesses, fuelling fears about further job losses and a looming break-up of the historic German industrial titan. Once a symbol of German manufacturing might, Thyssenkrupp has fallen into crisis in recent years as high costs at home, […]