Media giant Condé Nast announces restructuring of music publication <em>Pitchfork</em>
The announcement came amid an ongoing jobs bloodbath in the US, including in the media and entertainment industries.
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The announcement came amid an ongoing jobs bloodbath in the US, including in the media and entertainment industries.
While Big Tech's proclaimed "Year of Efficiency" has concluded, recent workforce reductions at Google indicate that these companies are poised to continue job cuts in 2024.
Tyson Foods Inc (NYSE: TSN) shared plans to slash about 10% of corporate jobs and 15% of senior leadership positions in April. The company had missed the Q2 street expectations and reduced its FY23 Outlook. To save costs, the company plans to let go of 228 corporate workers in Illinois who refused to transfer to the meatpacker's headquarters in Arkansas, Reuters reported citing Tyson's spokesperson. Tyson would start laying off 51 workers in the Illinois suburb of Downers Grove and 177 workers f