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Disney Fox Fusion can cause thousands of layoffs

After completing the Disney Fox merger, many questions arise as to what will change in the wake of the acquisition. While neither studio has formally announced what the deal will mean for future film and television productions, one thing is straightforward: when companies merge, redundancies will inevitably happen. And, as Cinemablend points out, two companies, the size of Disney and …

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At Bird, the word is not a bird: they are layoffs

Photo: Jeff Chiu (AP) People, it was a tough month for electric scooter startups. Following the news that Lyft has fired dozens of his employees in his scooter and bike division earlier this month, Bird is the latest scooter outfit to cut the staff. The information said Friday that the company had fired about five percent of its employees, which …

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Apple files layoffs at the self-drive unit: filing

The layoffs on Apple's self-driving auto project focused primarily on engineers and their managers, a newly released archival show. Of the 190 people dismissed by the iPhone maker, there were 33 hardware engineers, 22 software engineers, and 31 product developers, according to a letter the company had submitted to the California Employment Development Department. Another 46 people held management titles, …

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ArenaNet confirms upcoming layoffs, Guild Wars game services will not be affected

share. Part of a larger organizational restructuring at NCSOFT in the West. By Colin Stevens ArenaNet, the studio behind the Guild Wars franchise, will dismiss employees after unannounced projects have been canceled, although Guild Wars and Guild Wars 2 game services are not likely to be affected. IGN Achieved The company has confirmed the redundancies and stated that it is …

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BuzzFeed chooses union work after layoffs

Employees have informed BuzzFeed chief editor Ben Smith of their intentions, according to NewsGuild of New York – the union with which BuzzFeed organizes. NewsGuild said more than 90% of "qualified editorial staff members have joined the union". In a statement on Tuesday, Smith said, "We look forward to meeting with the organizers to discuss how they can voluntarily recognize …

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Activision Blizzard reports earnings on layoffs and losses

Activision Blizzard (ATVI), the publisher of games such as "Call of Duty" and "Overwatch," will announce the fourth quarter on Tuesday after Tuesday's close. This quarter's earnings will be a clear sign of how the company is surviving the video game landscape, disrupted by changes to the traditional business model and the success of free-to-play games such as Fortnite. Analysts …

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Activision Blizzard is reportedly planning massive layoffs

share. Layoffs can "pay in hundreds". By Adam Bankhurst Activision Blizzard is reportedly planning to discontinue job losses, which after slumping sales could be "hundreds" for the company responsible for titles such as "Call of Duty" and "Overwatch". As reported by Bloomberg The announcement of these layoffs could arrive on Tuesday and be "part of a restructuring aimed at centralizing …

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GoPro predicts profit, thanks to massive layoffs

GoPro Inc. Chief Executive Nick Woodman sounded very bullish. "GoPro's brand has never been stronger, our products never better," Woodman told analysts. "And we are fired up for the year ahead." GoPro announced earnings slightly above Wall Street's expectations Wednesday afternoon, breaking a long streak of brass on the holiday quarter. Woodman said the company plans to "capitalize on this …

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Massive GM layoffs planned for Monday

The automaker General Motors is undergoing drastic changes as it switches to electric vehicles. These include the closure of five plants in North America (four in the US, one in Canada) and the dismissal of thousands of workers. GM It is expected that 4,000 employees will be dismantled on Monday. Investment strategist David Kudla, who works with GM employees, posted …

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