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Huawei is planning major layoffs in the US

Huawei Technologies Co., according to the plaintiff, is planning major layoffs in the US as the Chinese tech giant continues to struggle with its American blacklist. The layoffs are likely to affect employees at Huawei's US-based research and development subsidiary Futurewei Technologies. The unit employs approximately 850 people in research laboratories in the United States, including Texas, California and Washington. …

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Former GM of Houston Texans, accused of firing on black employees in layoffs

It confirmed his suspicion that former general manager Brian Gaine was targeting African American employees to dismiss them and replacing them with persons of other races, Pope said. Pope reported on Thursday in detail about his allegations, after the Houston Chronicle had reported this pope had filed a discrimination complaint against the franchise at the Equal Opportunity Employment Commission. Gaine …

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IBM layoffs affect more than 1,000 employees

Ginni Rometty, President and CEO of IBM, speaks at the @ Work event on April 2, 2019 in New York City. Cindy Ord | CNBC IBM confirmed on Thursday that a small percentage of its employees will be dismissed and confirmed reports that had appeared the previous day on TheLayoff, an online message board. A person familiar with the matter …

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After 38,000 layoffs, Wall Street awakens to a top car

According to Nomura analyst Masataka Kunugimoto and his team, the car business says "The pain is just beginning". "We now expect global demand for automobiles in 2019 to decline by 3% year-on-year," he recently told clients. He is not alone. Bank by bank, analysts come up with the idea that the world may have passed the "peak car" and that …

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Layoffs Hit Disney and Fox – Variety

Both Disney and Fox, a combined studio spokesperson affirmed to Variety are associated with layoffs. The cuts are made especially for film staff, said a person with knowledge of the company. It is unclear which additional departments could be affected. More information is expected after pink slips were handed out, another insider added. Last week, the studio cleared its release …

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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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