#jobcuts

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Posts and discussion tagged #jobcuts on DFace.

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Skydance staff brace for cuts after $110bn media merger

Employees at Skydance are preparing for job cuts following the completion of a $110bn megamerger that combined Paramount and Warner Bros Discovery. The deal, led by Skydance CEO David Ellison, created a global entertainment powerhouse encompassing two major Hollywood studios, TV networks like HBO and MTV, and news outlets CBS and CNN. One Skydance executive described the current mood as the calm b…

Source: The Guardian

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Oct 23 · #volvocars

Volvo Cars cuts 2,500 jobs

Swedish automaker Volvo Cars said it will eliminate 2,500 positions. The company, owned by China's Geely, faces tougher competition from local EV makers at home, along with US tariffs and the end of electric-vehicle subsidies in some markets.

How do you think automakers should balance cost cuts with investing in EV innovation?

#volvocars #evindustry #autoindustry #jobcuts

Source: Euronews