Disney is making headlines again as it announces another round of layoffs, impacting hundreds of employees. This drastic move reflects the company's struggle in the evolving landscape of entertainment, where streaming services dominate.
Donald Trump's administration seeks Supreme Court intervention to lift a ruling blocking mass job cuts across federal agencies, arguing it is within presidential authority. This follows a judge's decision siding with unions and local governments against the layoffs.
In a significant ruling, the 9th Circuit Court has frozen President Trump's mass firings directive at multiple agencies, marking a setback for his plans to reshape the federal government. The court emphasized that such drastic measures require congressional authorization.
San Francisco is adding edge rusher Bryce Huff from the Eagles in a strategic trade. The deal, finalized after contract restructuring, reunites Huff with coach Robert Saleh and aims to enhance the team's defense significantly.
In a significant move amidst a turbulent automotive market, Volvo Cars announces it will lay off around 3,000 employees, impacting 15% of its office workforce. The decision comes as the company grapples with declining sales and rising material costs, prompting an urgent restructuring plan.
The Trump administration is facing backlash over drastic cuts to the health department, with critics warning of dire consequences for public health. Can Kennedy defend these changes amidst a measles outbreak?
HHS Secretary Robert F. Kennedy Jr. faces intense scrutiny after massive staff cuts and grant cancellations. As he testifies before Congress, former leaders raise serious concerns about his vision for public health.
In a surprising move, Microsoft has confirmed it will lay off thousands of employees, potentially affecting over 6,800 workers. This marks the largest wave of layoffs since 2023, as the tech giant navigates a challenging market.
A federal judge has temporarily halted Trump's sweeping government overhaul, siding with unions and local governments against mass layoffs. This ruling raises questions about presidential authority in federal agency restructuring.
In a bid to enhance profitability, Panasonic Holdings Corp. announces plans to lay off 10,000 employees, including 5,000 in Japan and 5,000 abroad. The company anticipates significant restructuring charges as it shifts focus.