Netflix actually won by walking away from the WBD bid, collecting a $2.8B termination fee and driving up the price and debt load of the Paramount-WBD merger
A smart call and win for shareholders.Daniel Strauss /@danielstrauss:“Substantial layoffs seem certain, but cost cutting alone won't make the operation into the sort of entertainment powerhouse that c...
Roku reported an $88.4M profit in 2025, after a $498M loss in 2022, a $709.6M loss in 2023, and a $129.4M loss in 2024, boosted by new ad deals and cost cutting
Investments in digital ads help propel the streaming video platform to its first year in the black since 2021
OPM Director Scott Kupor earlier this month said DOGE “doesn't exist” and OPM took over many of its functions, eight months before DOGE was set to close
Good morning. I've been thinking a lot about how a fleet … Nicholas Ballasy / Just The News : DOGE officially dissolved, OPM says NDTV Profit : Trump's Government Efficiency Department Disbands 8 Mon...
Amazon CEO Andy Jassy says the 14,000-person layoffs were due to “culture” and “removing layers” from its internal structure, not really AI or financial factors
And It's Not Because of AI or Cost Cutting Surbhi Jain / Benzinga : Andy Jassy Is Turning Amazon Into The 'World's Largest Startup' — One Layer At A Time Eugene Kim / Business Insider : Amazon's CEO s...
Internal documents: several Google units have notified remote workers that their jobs will be in jeopardy if they don't show up at the office three days a week
Return To Office 3 Days A Week Or Take A Buyout: Report Moneycontrol : Google's warning message to some remote workers: Come back to office or lose your... Bluesky: Dare Obasanjo / @carnage4life : The...
Leaked documents reveal life-threatening issues at Amazon's primary-care service One Medical, raising concerns about Amazon's frugal approach to health care
Patient safety issues have increased since One Medical shifted care to a call center staffed by contractors, employees say. X: @boltyboy , @peter_grinspoon , @bulldoghill , @drpanmd , @rakeshsfnyc , @...
Meta appoints Hock E. Tan, the president and CEO of Broadcom, and philanthropist John Arnold, an Arnold Ventures co-founder, to its board, effective immediately
Corporate governance, folks. [embedded post] X: Jordan McNamee / @optimist_fund : I love picturing Hock Tan talking in the $META board meetings on cost cutting. If he ran $META operating margins woul...
Source: Humane laid off 10 staff, or 4% of its workforce, to cut costs and plans to lower budgets in 2024, as the company reshuffles some executive positions
Humane laid off 4 percent of employees this week in a move that was described as a cost cutting measure to those who were impacted …
An AWS developer claims Amazon is “silently sacking” staff by pushing them to take a different role that they would quit later, avoiding the need for severance
Amazon has a stock problem. It's not only Amazon, but they have more to lose. If you're a customer, that's going to be bad for your business too. Threads: @alkalinegarrett and @carnage4life Mastodon...
Nokia plans to cut up to 14,000 jobs, or ~16% of its 86,000 workforce, and reports Q3 2023 net sales down 20% YoY to €4.98B and profit down 69% YoY to €133M
- Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.