Latest in Layoffs

The Walt Disney Company will be laying off thousands of employees as a part of a new round of cost cutting measures, CEO Bob Iger revealed today. Speaking on the House of Mouse’s Q1 earning call this afternoon with CFO Christine McCarthy, Iger said that 7,000 jobs would be let go from the now…

EXCLUSIVE: United Talent Agency is trimming its personnel with cuts in several departments. According to sources, mostly admin/support staff are impacted, with the total number of layoffs in the low single digits as a percentage of the company’s overall workforce. "We've grown a great deal over the…

The initial exuberance and relief following Bob Iger's return as Disney CEO has been replaced by anxiety as speculation about a pending corporate restructuring is intensifying — and with it, rumors about the layoffs that are likely to follow. Rumblings of a new org-chart unveiling are growing louder…

Hasbro, which has been reeling from a series of economic and corporate shocks, plans to cut 15% of its global workforce this year, or about 1,000 positions. In addition to those reductions, the company plans to unveil “a new organizational model, commercial alignment, and leadership changes” during…

The Washington Post cut 20 newsroom positions on Tuesday, the latest media company to undergo a round of job cuts amid turbulence throughout media and publishing. Sally Buzbee, executive editor of the Post, said in a memo to employees that another 30 open positions would be eliminated. She said…

Dawn Ostroff is departing Spotify as the company’s head of content and advertising amid cutbacks affecting 6% of the company’s workforce. Against a backdrop of austerity in the once-invincible tech sector, Spotify said it is shedding hundreds of jobs. In a memo to employees posted online, CEO Daniel…

Vox Media, parent company of brands including Vox, New York, Recode, Now This and other digitial titles, announced that it was cutting about 7% of its workforce. The company has about 1,900 employees. In a memo to staff, CEO Jim Bankoff wrote that the job reductions were “due to the challenging…

Google parent Alphabet has become the latest U.S. tech giant to make deep staff cuts. The company is planning to axe 12,000 staff after a “rigorous review” of the business, according to a blog post from Google and Alphabet CEO Sundar Pichai. This represents about 6% of its global workforce. Just…

UPDATED with latest: As Amazon CEO Andy Jassy promised on January 4, Amazon today began another round of layoffs in its human resources and stores divisions, according to reporting from the Seattle Times. Back in November, cuts happened in Amazon’s Devices and Books businesses, along with voluntary…

Microsoft said today it plans to lay off 10,000 employees to "align our cost structure with our revenue and where we see customer demand." "We are making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23 Q3. This represents less than 5 percent…

The NBC News Guild and the Writers Guild of America, East are objecting to a round of layoffs at the network this week, which impacted dozens of employees. The NBC News Guild, which covers digital employees, said that it filed an unfair labor practice charge with the National Labor Relations Board…

UPDATED, with information on reporters exiting: NBC News and MSNBC were undergoing a round of layoffs on Thursday, although the impact appeared to be less severe than the staff reductions at other media entities. The layoffs were in the double digits, according to a source, out of a workforce of…