Tag Archives: Layoffs

Apple’s ad agency has layoffs as the company beefs up its in-house ads group

Apple’s dedicated ad agency is cutting staff. Media Arts Lab, a unit within Omnicom Group agency TBWA that’s dedicated to Apple advertising, laid off several staffers Monday. The company wouldn’t say how many were laid off, but a report from Bloomberg, which first broke the news, placed the number at 50. “Yesterday was a difficult day, as we had to part with some of ... Read More »

Disney Layoffs Hit TV Distribution, Home Entertainment Units Post Fox Merger; 20th TV EVP Greg Drebin Exits

Five months after Disney’s $71.3 billion acquisition of key Fox assets was completed, there has been a new round of layoffs in Disney’s media distribution areas that include home entertainment and TV distribution, I have learned. I hear several dozen employees, just under 60, were affected, both on Fox and Disney side. I hear among the highest-ranked among those who are leaving are Greg Drebin, EVP ... Read More »

IT layoffs: Amid fears of job losses, FITE takes up the fight

Infosys Technologies employees move through the headquarters during a break in Bangalore. Fears abound that thousands of techies are likely to lose their job, as automation and stricter job permits hit the Indian IT sector.(AP) For weeks now, news about IT layoffs is making headlines, while industry body Nasscom is trying to allay fears with data and figures to suggest ... Read More »

LeEco Confirms Layoffs in India and Other Regions; Talks About Revamped Strategy

LeEco on Wednesday said it has revised its business strategy for the coming year, based on the “overall volatility and uncertainty that is forecast for the global economy.” Recently, the company admitted expanding too fast too soon, and has since been scrutinising plans. This overhaul will imply several changes across the markets in which it operates, including India, where the ... Read More »

Lenovo Confirms New Layoffs, Says Less Than 2 Percent Employees Affected Globally

  Lenovo has confirmed the latest round of layoffs in the company, saying that it’s part of the “ongoing strategic integration between Lenovo and its Motorola” smartphone business. In a statement, Lenovo claimed that the new layoffs only impact 2 percent of the entire 55,000 employees globally. Unfortunately, the Chinese company hasn’t revealed many details about the layoffs. Droid-Life in ... Read More »

Finland to searching for ecu resource to address Microsoft, Nokia Layoffs

Finland says it’ll follow for eu assist to address latest redundancies, in particular amongst workers at Microsoft and Nokia. Justice and Employment Minister Jari Lindstrom says the Nordic u . s . a . has formerly had a “top experience” of european guide – economic and otherwise – for big numbers of laid off employees within the generation quarter, which ... Read More »

BlackBerry Layoffs Point to Shift Away From Phones

In what appears to be part of its retrenchment from making phones, BlackBerry said Friday that it has laid off “a small number of employees” at its head office here and in Florida. John S. Chen, the company’s executive chairman and chief executive, is shifting BlackBerry to a company largely based on selling software and services to businesses and governments. ... Read More »