Fresh headlines from around the world. Gaming, politics, technology and everything in between.
As it continues to feel the squeeze on its broadband and pay-TV operations, Comcast executives said Thursday that the company will take a $1 billion charge for the current fourth quarter that will include layoffs as part of an ongoing revamp of its core connectivity business of broadband, pay-TV and wireless. The media giant flagged […]
Publisher Electronic Arts recently slashed 400 roles across its company , which resulted in the shuttering of legendary RPG studio BioWare . But also impacted by the layoffs was Skate developer Full Circle, and now I'm growing increasingly worried about the future of a franchise I waited so long to make a comeback. Part of EA's latest round of layoffs on Oct
If the company does not reverse the layoffs, Joly warns she will proceed with court action that could see the company be forced to sell their Canadian operations.
Comcast is gearing up for significant job cuts in its cable and telecom business in the coming weeks, as the media conglomerate restructures ahead the expected spin-off of NBCUniversal in 2027. On the company’s third-quarter 2026 earning call, CFO Jason Armstrong said Comcast expects to take a restructuring charge of more than $1 billion in […]
This was the second of three rounds of retrenchments announced in July this year, as GovTech seeks to let go of 7 to 9 per cent of its workforce amid a transition to a new operating model.
Video game publisher Electronic Arts is shutting down the popular and influential game development studio BioWare after more than three decades. The upcoming “Mass Effect” game, the fifth since 2007, has been canceled.
A day after Netflix co-CEOs Ted Sarandos and Greg Peters faced anxious investors on the company’s Q3 earnings call after reporting mixed financial results, the duo on Wednesday faced anxious staffers at a town hall meeting after laying off 1,000 and shaking up the executive ranks by replacing Chief Content Officer Bela Bajaria with Peter […]
Sources say more cuts could follow as the company looks to improve its finances.
“Reminder, we are a streaming-first business. That is our core,” co-CEO Ted Sarandos said on the streamer’s third-quarter earnings call.
The company is digging in on its plans to lay off as many as 500 workers at its Stelco operations as the government weighs legal options to protect workers.
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