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ADVERTISING INDUSTRY LAYOFFS
YouTube changes how it counts views from August 24: Videos will get a view from the first frame, but monetization is unchangedYouTube will count video views from August 24, 2026, as soon as playback begins. This change aligns with platforms like TikTok and Instagra...
How Bill Ackman’s $14,000 Harvard job led him to Warren Buffett’s investing philosophy and eventually built his billion-dollar careerBill Ackman's journey began with a modest college sales position at Harvard University, earning $14,000. His foray into real estate quickly...
China Inc deploys 'quiet' layoffs as Beijing promotes AI adoptionChinese companies are quietly implementing AI-driven layoffs and reducing graduate hiring to boost productivity, while carefully avoiding g...
Amazon layoffs: Who is Colleen Aubrey, AWS Vice President at the centre of ‘Project Dawn’ email storm? Here's what her note to employees readSome Amazon employees got a worrying calendar invitation on Tuesday and the invitation discussed upcoming job cuts and "Project Dawn," an A...
Layoff tsunami hits US as 71,000 jobs slashed in November: 2025 becomes first 1.1 million+ cut year since PandemicUS layoffs surged again in November, with employers announcing 71,321 job cuts, according to new data from Challenger, Gray & Christmas. Th...
Omnicom restructures India leadership team after merger with IPGGlobal advertising giant Omnicom has restructured its Indian operations. Multiple agency brands are being retired, and leadership teams are...
Tech layoffs continue to climb in 2024 as Intel plans 1,300 job cuts: Why are tech jobs vanishing across the US?Intel will lay off 1,300 employees in Oregon as part of cost-cutting measures. This reflects a larger trend of tech layoffs in 2024, with c...
Economic uncertainty: Time magazine lays off staff from multiple departmentsTime magazine is laying off 22 workers in its editorial, technology, sales, and marketing departments due to issues with dwindling ad budge...
Media meltdown in the U.S, brace for sackings and company shutdownsZiff Davis signed a major deal to acquire CNet from Red Ventures for about $100 million. Earlier, CBS acquired CNet for $1.8 billion and su...
Discord cuts 17% of workers in latest tech layoffsRoughly 170 jobs will be affected by the layoffs, according to an internal memo sent by Jason Citron, Discord's founder and CEO.
Facebook-parent Meta fires 10,000 more employees in fresh round of layoffs: reportThe fresh layoff is in addition to the 11,000 employees or 13% of its global workforce Meta had sacked in November last year in a bid to cu...
Meta rolls out new language model amid Big Tech's AI pushThe battle to dominate the AI technology space, which until recently existed more in the background, kicked off late last year with the lau...
Big Tech is firing employees by the thousands. Why? And how worried should we be?Tech companies are always in the news, usually touting the next big thing. However, the tech news cycle recently hasn't been dominated by t...
Pink slips make news at US media outletsVox Media, owner of Vox and The Verge websites as well as the landmark New York Magazine and its online platforms, has announced it was let...
Microsoft announces third round of layoffs, to cut jobs in IT divisionAccording to reports, about five to ten per cent of employees could lose their jobs.
Facebook parent Meta planning massive layoffs: reportAs of September 30, Meta had about 87,000 employees worldwide across its different platforms, which include social media sites Facebook and...
Warner Bros Discovery to cut as much as 30% of ad sales jobsThe company's finance chief Gunnar Wiedenfels in April reaffirmed its goal of achieving $3 billion in cost savings after a $43 billion merg...