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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
The entertainment company began this week to carry out the first wave of its plan to cut 7,000 jobs. Source link
For Alibaba, Six Is Bigger Than One—And a Smaller Target
There are good reasons to think that a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same
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
Alibaba to Split Into Six Groups and Explore IPOs
The biggest structural overhaul in the Chinese tech company’s history comes a day after co-founder Jack Ma returned to mainland China. Source link
Disney Eliminates Its Metaverse Division as Part of Layoffs Plan
The unit, once seen as developing a new form of storytelling, had about 50 employees. Source link
Facebook owner Meta planning lower bonus payouts for some employees- WSJ By Reuters
© Reuters. FILE PHOTO: The logo of Meta Platforms’ business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/ (Reuters) -Facebook owner Meta
Uber Eats to Take Down Thousands of Virtual Brands to Declutter the App
WSJ News Exclusive Tech Company plans to stop allowing restaurants to list multiple brands with the same menu Source link
Hertz Finance Chief Kenny Cheung to Step Down
Car-rental company taps accounting officer to stand in while the board searches for a permanent replacement. Source link
IPO Prep: Scenario Planning and Explaining Your Resilience – Nasdaq’s Advice on Appealing to Investors in Challenging Times
Christopher Anselmo, principal on Nasdaq’s IR Intelligence team, talks IPO prep and the need to “lock in” your IR talent early After the record-breaking IPO