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Warner Bros shareholders to vote on Paramount's $81 billion takeover of the Hollywood giantWarner Bros. Discovery shareholders are voting on a massive $81 billion deal to be acquired by Skydance-owned Paramount. This mega-merger c...
Tata Digital CEO on company's reset; Groww doubles net profit in Q4Happy Tuesday! Tata Digital CEO Sajith Sivanandan spoke to us exclusively about the ongoing restructuring at the company under him. This an...
China’s Netflix expects AI to create bulk of shows in five yearsIQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...
From California to Bengaluru: How rightshoring is rewriting tech careersWhile US tech firms cut thousands of jobs due to AI-led efficiency, hiring remains strong in India, the Philippines and Brazil, where lower...
Netflix streamed around 130 less movies, TV shows in 2023, report claimsOver 100 less films and TV shows were released in 2023 on Netflix in comparison with the previous year, as per a report.
Disney begins third round of layoffs, 2,500 employees to be affectedEntertainment giant Disney has reportedly started executing its third round of layoffs, which will impact over 2,500 employees across the b...
Netflix password sharing ban: All we know so farNetflix password sharing ban is a hotly discussed topic.
Netflix plans to cut spending by $300 million this year: ReportCompany leaders urged staffers to be judicious with their spending, including in relation to hiring, but said there would be no hiring free...
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...
Netflix restructures film group as it scales back movie output: reportAs part of the restructuring, Netflix will combine small and midsize picture productions units, resulting in a few job cuts, and scale back...
IT sheds weight to get healthyLayoffs announced by giant technology companies -Alphabet, Meta, Amazon and Microsoft - since the previous quarter have crossed 50,000 and ...
Tech layoffs surpass Great Recession levels, set to get worse in early 2023In 2008, tech companies laid off about 65,000 employees, and a similar number of workers lost their livelihoods in 2009. By comparison, 965...
Microsoft continues layoffs, sacks nearly 1,000: reportThe company has confirmed the ‘role eliminations’. This is the third round of layoffs at Microsoft in four months. In July, the Big Tech fi...
Snap top ad executives exit amid report on staff cut plansSnap shares fell 4% in extended trading as Wall Street turns wary of the future of its advertising business, which brings in a large chunk ...
Over 32,000 tech workers fired in US, more than 11,000 in India till JulySince April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13% are fro...
Netflix confirms ads coming to its platform by year-endIts rival Disney Plus also plans to launch a similar ad-based offering by the end of the year, starting with the US, before going global.
Netflix lays off approximately 150, mostly in USThe job cuts come as Netflix reported its first loss of subscribers in more than a decade and forecast deeper losses in the coming quarter....