Bob Iger’s Turnaround Plan for Disney Takes Shape Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business and cut costs, including through thousands of layoffs.
Tech’s Biggest Companies Discover Austerity, to the Relief of Investors After years of expansion and billions in profits, Big Tech is pulling back from its famously lavish spending as a long boom finally ends.
Alphabet’s Profit Falls 34% Amid Ads Slowdown Google’s parent company reported its fourth consecutive drop in quarterly profit, weeks after culling 6 percent of its work force to cut costs.
Layoffs by Email Show What Employers Really Think of Their Workers There are good reasons to look someone in the eye when you fire them. Being nice is only one of them.
Senators Will Prod Live Nation and Ticketmaster on Antitrust The company’s grip on ticket sales, and its move last year to cancel sales for Taylor Swift’s upcoming tour, will be a big focus of an antitrust-focused hearing.