BET Announces Staff Layoffs Amid Paramount Global Workforce Reductions
BET has announced staff layoffs as part of the workforce reduction efforts by its parent company, Paramount Global. CEO Scott Mills stated that the network is not immune to the challenging conditions that have led to these necessary actions.
Build A Rocket Boy Announces Layoffs Shortly After MindsEye Launch
Build A Rocket Boy has begun layoffs affecting about 100 employees shortly after launching MindsEye, a game by Leslie Benzies that faced a troubled release. Despite plans for future updates and multiplayer content, the company faces challenges competing in a tough gaming market while committing to support the game’s development.
Jacqui Heinrich from Fox News Joins WHCA Board; ABC News Announces Multiple Promotions
Jacqui Heinrich of Fox News has been appointed to the WHCA Board. Concurrently, ABC News reports several key promotions in its New York and Washington, D.C. offices, marking notable shifts in its organizational structure and leadership.
Tracking the 2024-2025 U.S. Tech Industry Layoffs
More than 95,000 tech workers in the U.S. faced layoffs in 2024, with the trend carrying on into 2025. Crunchbase News provides ongoing updates on which tech companies are cutting roles.
Amazon CEO Predicts Job Reductions Due to AI-Driven Efficiency Gains
Amazon CEO Andy Jassy stated that AI advancements will reduce the company's workforce due to efficiency improvements. Amazon has already made significant layoffs and is developing extensive AI tools. Employees are encouraged to adapt to AI to maintain their roles. Similar trends are seen in other companies like Shopify and Duolingo.
Fox Removes Assistant News Director Role in Seattle
Fox Television Stations have made staffing changes by removing the assistant news director role in Seattle and the sports anchor position in Houston, reflecting internal organizational shifts.
Mark Zuckerberg's Strategic Recruitment Drive for AI Experts at Meta
Mark Zuckerberg is actively recruiting elite AI researchers for a new superintelligence lab at Meta, offering significant freedom, resources, and lucrative compensation. He personally contacts candidates, highlighting the scale of Meta's operations and risk-taking opportunities. The initiative underscores Meta's commitment to leading AI innovation.
Google Launches Voluntary Employee Buyouts in Search and Other Divisions
Google is offering voluntary buyouts to US employees in its Search and other divisions, excluding DeepMind AI, Google Cloud, and YouTube. The program includes a minimum 14 weeks’ pay and a July 1st deadline. Some employees near offices must return onsite or face layoffs. Future layoffs are uncertain.
ABC News Ends Contract with Terry Moran Following Social Media Incident
ABC News has decided not to renew Terry Moran's contract, following an incident related to a social media post. This decision was publicly announced on Tuesday, marking the end of Moran's tenure with the network.
Maximizing Growth: Making Your First Senior Hire in a Startup
Julia Austin, in her book “After the Idea,” offers startup founders essential guidance on the strategic process and impact of recruiting their first senior leader to accelerate startup growth and development.
ABC News Suspends Terry Moran Following Social Media Incident
Terry Moran has been suspended by ABC News pending further evaluation due to a social media post. The decision was confirmed by an ABC News spokesperson to TVNewser.
Telemundo Houston Presents Special Immigration Forum
Telemundo Houston will air the third installment of its immigration forum, part of the 'Inmigración y Tus Derechos' initiative by Telemundo-owned stations, focusing on immigration topics and community rights.
People Can Fly Cancels Two Game Projects and Announces Layoffs
People Can Fly has cancelled two game projects, Gemini and Bifrost, due to publisher-related issues and will lay off staff. The publisher involved is Square Enix. The studio will continue collaboration on Gears of War: E-Day.
ZeniMax QA Workers Secure Tentative Contract Agreement with Microsoft
ZeniMax's QA workers, part of the ZeniMax Workers United-CWA union, reached a tentative contract agreement with Microsoft, marking a significant victory in video game industry unionization. The contract includes wage increases, dismissal protections, and crediting guidelines, with a ratification vote planned for late June. This milestone sets a precedent for future negotiations in the industry, especially within Microsoft.
Trump Administration Attempts to Block Harvard from Enrolling International Students
The Trump administration attempted to revoke Harvard's ability to enroll international students by rescinding its SEVIS certification, a move blocked by a federal judge after Harvard sued for First Amendment violations. The administration's actions, seen as retaliation against Harvard's refusal to comply with demands for student data and political oversight, jeopardize thousands of international students' status. The legal battle highlights tensions over university governance, student rights, and immigration policy.
Politico Staff Challenge Management Over AI Policy Violations
Politico newsroom staff allege violations of the organization's AI usage policies by management and are preparing to challenge these breaches, signaling a legal battle over AI governance in the media company.
Walmart to Cut 1,500 Corporate Jobs in Major Restructuring Effort
Walmart announced a restructuring plan that will cut 1,500 corporate jobs to simplify operations, enhance decision-making speed, and boost employee innovation efforts.
Allen Media Recruits Four Advertising Sales Leaders from Warner Bros
Allen Media has strengthened its advertising sales team by hiring four executives from Warner Bros. This strategic move is expected to enhance Allen Media's sales capabilities and market presence.
Tracking Tech Industry Layoffs: 2024-2025 Update
Over 95,000 tech workers in the U.S. were laid off in 2024, with job cuts continuing into 2025. The Crunchbase tracker provides updates on companies making these reductions.
TikTok's US Ecommerce Team Advised to Work Remotely Amid Layoff Concerns
TikTok has told its US ecommerce employees to work from home amid growing fears of layoffs, as the company is reportedly preparing to make challenging decisions about its workforce. This move reflects ongoing uncertainties within the company regarding its operational strategy and employee retention.