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The Class of 2023 Faces a Jittery Job Market: ‘The World Seems to Have Flipped on Its Head.’
Business

The Class of 2023 Faces a Jittery Job Market: ‘The World Seems to Have Flipped on Its Head.’

The Class of 2023 is getting ready to enter a job market that is suddenly less eager to hire new grads. Many employers are taking

MLB, Minor Leaguers Strike Tentative Agreement on First-Ever Collective Bargaining Agreement
Business

MLB, Minor Leaguers Strike Tentative Agreement on First-Ever Collective Bargaining Agreement

Sports MLB Minor league players unionized last year after years of complaints about pay and work conditions. The new deal would at least double pay

Electronic Arts Says It Is Laying Off 6% of Workforce
Business

Electronic Arts Says It Is Laying Off 6% of Workforce

The company is also reducing its office-space footprint to focus its spending on the best growth opportunities in the videogame industry. Source link

Disney Lays Off More Than 300 Streaming-Focused Employees in China
Business

Disney Lays Off More Than 300 Streaming-Focused Employees in China

The entertainment company began this week to carry out the first wave of its plan to cut 7,000 jobs. Source link

Who is Sergio Ermotti? The Banker Tasked With Saving Swiss Banking
Finances

Who is Sergio Ermotti? The Banker Tasked With Saving Swiss Banking

Markets Finance Sergio Ermotti, who remade UBS into one of Europe’s strongest banks, is returning to handle the messy integration of Credit Suisse Source link

Disney Lays Off Marvel Entertainment Chairman Ike Perlmutter
Business

Disney Lays Off Marvel Entertainment Chairman Ike Perlmutter

Business Media & Marketing The Nelson Peltz ally remains one of Disney’s largest individual shareholders Source link

Warner Music Group to Cut 4% of Workforce
Business

Warner Music Group to Cut 4% of Workforce

The label behind Ed Sheeran and Madonna will eliminate 270 jobs as it repositions toward growth in technology. Source link

Starbucks's Schultz to Testify About Negotiations With Unions
Business

Starbucks's Schultz to Testify About Negotiations With Unions

Howard Schultz, who stepped down as CEO this month, is expected to defend the coffee chain against accusations it has retaliated against pro-union workers. Source

EV Startup Lucid Cuts 18% of Workforce, Including Some Executives
Business

EV Startup Lucid Cuts 18% of Workforce, Including Some Executives

The maker of high-end electric cars plans to lay off about 1,300 employees. Source link