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EMPLOYMENT CUTS NETFLIX
Netflix announces its biggest layoffs to date, to fire 6% employees. Read the full letter of co-CEOs to staffIn a strategic move amid declining subscriber numbers, Netflix announced the layoff of approximately 1000 employees, making up about 6% of ...- Netflix earnings forecast disappoints Wall Street, shares tumbleNetflix projected third-quarter revenue and earnings below Wall Street expectations. The company will now release viewing-hours reports ann...
- Writers Guild sues to block Paramount deal, saying it would hurt writersThe Writers Guild has sued to block Paramount's acquisition of Warner Bros Discovery. This legal action follows a similar lawsuit filed by ...
- US stock market surges as S&P 500, Nasdaq and Dow jump ahead of critical Fed inflation report — Wall Street braces for rate-cut signalsUS stock market jumped Friday as investors awaited the Fed-favored PCE inflation report. The S&P 500 rose 0.3%, Nasdaq added 0.4%, and the ...
- Economic data is back following government reopening - here are the key events this weekUS economic data 2025: After a 43-day shutdown, the US government has reopened, allowing the release of crucial economic data. The Septembe...
- US stock market futures today – Market rebounds: Dow, S&P 500, Nasdaq futures higher — here’s what is powering Wall Street todayUS stock market futures today: Wall Street wakes up strong. Dow futures up 120 points, S&P 500 gaining 0.4%, and Nasdaq futures rising 0.5%...
- Wall Street Week Ahead: US stocks to be tested by Tesla, Netflix earnings and delayed CPI reportAs the financial world gears up for an eventful week, investors keep a keen eye on Tesla and Netflix's earnings reports. With inflation dat...
- US stock futures on the move: Dow, S&P 500, Nasdaq climb as wall street bets on september rate cut ahead of the August jobs reportU.S. stock market futures edged higher this morning, with the Dow, S&P 500, and Nasdaq all flashing green as investors brace for the all-im...
- NASA Layoffs: Is Trump’s budget cut approved by Congress? NASA asks employees to opt for early retirement, deferred resignation, or voluntary separation. Here’s last date and terms of departureNASA has announced new staff reduction programs in response to a proposed 24% budget cut. Employees may opt for early retirement, deferred ...
- Oscars 2025: Netflix’s 'Best Picture' nominee faces controversy over resurfaced offensive postsSeveral Oscar front-runners have been hit by controversies, jeopardizing their chances at the Academy Awards. Netflix’s Emilia Perez, once ...
- One Piece Season 2 release date revealed: Why adapting the anime to live-action on Netflix is a huge challengeOne Piece Season 2 release date confirmed and the long-awaited continuation of Netflix's live-action adaptation promises to take audiences ...
- US consumer in focus as earnings season heats upThe benchmark S&P 500 is set to post its fifth straight weekly gain and is hovering near a fresh record high after rising over 21% this yea...
- Wall Street Week Ahead: Health of US consumer in focus as earnings season heats upInvestor attention will focus on U.S. consumer health next week, with earnings reports and retail sales data expected to confirm economic r...
- Fed fears U.S recession? Central Bank to slash rates by 2%, steepest drop outside of an economic downturn since the 1980sThe Fed is contemplating a major US recession, with chances of an impending economic downturn, that was last seen in the 1980s. Bond prices...
- Big tech companies in India near hiring pause amid global turmoilThese companies - Facebook (Meta Platforms), Amazon, Apple, Microsoft, Netflix and Google (Alphabet) -registered a 90% drop in active job p...
- Hollywood TV and movie writers to go on strike as studio talks collapse without a dealThe strike could have potentially catastrophic effects on the US entertainment industry.
- Walt Disney Co to begin second wave of layoffs, cutting several thousand jobsThe company will cut "several thousand" jobs through Thursday, with the latest round of reductions bringing the total number of jobs culled...
- From Netflix-style learning to gamification, India Inc adapts amid diverse work modes, tech disruptionFrom adopting a Netflix-like approach to learning, to training employees in cutting-edge tech, and finding new ways to listen to Generation...
- How the year 2022 panned out for Indian investors in US stocksThe market saw a bloodbath this year. The S&P 500 is down 19% YTD and the technology-heavy Nasdaq 100 index is down over 30%. The analysts ...
- US weekly jobless claims at highest point in nearly 8 monthsApplications for jobless aid for the week ending July 9 rose by 9,000 to 244,000, up from the previous week's 235,000, the Labor Department...
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