Warner Bros. Discovery shareholders are voting on a massive $81 billion deal to be acquired by Skydance-owned Paramount. This mega-merger c...

Happy Tuesday! Tata Digital CEO Sajith Sivanandan spoke to us exclusively about the ongoing restructuring at the company under him. This an...

IQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...

While US tech firms cut thousands of jobs due to AI-led efficiency, hiring remains strong in India, the Philippines and Brazil, where lower...

Over 100 less films and TV shows were released in 2023 on Netflix in comparison with the previous year, as per a report.

Entertainment 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 is a hotly discussed topic.

Company leaders urged staffers to be judicious with their spending, including in relation to hiring, but said there would be no hiring free...

The company will cut "several thousand" jobs through Thursday, with the latest round of reductions bringing the total number of jobs culled...

As part of the restructuring, Netflix will combine small and midsize picture productions units, resulting in a few job cuts, and scale back...

Layoffs announced by giant technology companies -Alphabet, Meta, Amazon and Microsoft - since the previous quarter have crossed 50,000 and ...

In 2008, tech companies laid off about 65,000 employees, and a similar number of workers lost their livelihoods in 2009. By comparison, 965...

The 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 shares fell 4% in extended trading as Wall Street turns wary of the future of its advertising business, which brings in a large chunk ...

Since 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...

Its 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.

The job cuts come as Netflix reported its first loss of subscribers in more than a decade and forecast deeper losses in the coming quarter....