Disney to cut 7,000 jobs as it slashes costs and reorganizes

[ad_1] Disney said Wednesday it is planning to reorganize into three segments.  The media and entertainment giant said it would now be made up of three divisions: Disney Entertainment, which…

Disney will reorganize into three divisions as it slashes costs and cuts 7,000 jobs

[ad_1] Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Disney said Wednesday it is planning to reorganize into three segments.  The media…

Zoom to Lay Off 15% of Staff, CEO Slashes Salary

[ad_1] The videoconferencing company is reducing its workforce as the work-from-home trend winds down. [ad_2] Source link

Renault slashes Nissan stake as the automakers overhaul their decades-long alliance

[ad_1] Renault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. (Photo by KENZO TRIBOUILLARD/AFP via Getty Images) Kenzo Tribouillard | Afp…

Nordstrom shares sink after retailer posts weak holiday sales and slashes guidance

[ad_1] Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom fell Thursday, after…

WSJ News Exclusive | J&J Slashes Production of Its Unpopular Covid-19 Shot

[ad_1] After mobilizing to quickly develop and manufacture a Covid-19 vaccine, Johnson & Johnson has vastly scaled back its efforts in producing the shots as it faces slumping demand. The…

Ubisoft cancels three games and slashes targets, citing ‘worsening macroeconomic conditions’

[ad_1] Tencent has increased its stake in French games maker Ubisoft, the company behind popular franchises like Assassin’s Creed. But analysts said this has effectively closed the door on a…

Tesla Slashes Prices in China After Deliveries Slump

[ad_1] Business Autos & Transportation Autos Industry Model 3 is now more than 30% cheaper than in the U.S. as Tesla seeks to shore up its share of world’s largest…

Opinion | Elon Musk Slashes Bureaucracy, Giving Twitter a Chance to Soar

[ad_1] Success isn’t guaranteed, but he has saved the company from systemic and degenerative paralysis. [ad_2] Source link