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ProSiebenSat.1 to cut jobs, seeks buyer for dating business

Posted by March 28, 2023

BERLIN, March 28 (Reuters) - ProSiebenSat.1 (PSMGn.DE)'s new CEO on Tuesday announced plans to cut jobs and reduce costs, pinning the media group's focus on its

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Broadcaster Diamond Sports Group files for bankruptcy protection

Posted by March 15, 2023

March 14 (Reuters) - Diamond Sports Group, which provides local television broadcasts for nearly half of NBA, NHL and MLB games, filed for U.S. bankruptcy prote

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Disney to cut 7,000 jobs in major revamp by CEO…

Posted by February 8, 2023

LOS ANGELES, Feb 8 (Reuters) - Walt Disney Co (DIS.N) on Wednesday announced a sweeping restructuring under recently reinstated CEO Bob Iger, cutting 7,000 jobs

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Factbox: Tech firms, Wall Street titans lead job cuts in…

Posted by February 8, 2023

Feb 8 (Reuters) - Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out

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Hollywood’s Chernin, Banijay’s owner in talks on ITV Studios

Posted by February 1, 2023

LONDON, Feb 1 (Reuters) - Veteran Hollywood producer Peter Chernin and French TV production group Banijay's parent have expressed interest in UK broadcaster ITV

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Netflix co-founder Hastings steps down as CEO as company adds…

Posted by January 19, 2023

LOS ANGELES, Jan 19 (Reuters) - Netflix Inc (NFLX.O) co-founder Reed Hastings stepped down as chief executive of the company that upended Hollywood by deliverin

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Factbox: European companies cut jobs as economy sputters

Posted by January 17, 2023

Jan 17 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes.Here are some of

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Factbox: Tech firms, Wall Street lead job cuts in corporate…

Posted by January 11, 2023

Jan 11 (Reuters) - Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out

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Factbox: Corporate America lays off thousands as recession worries mount

Posted by January 4, 2023

Jan 4 (Reuters) - U.S. companies, from tech majors to consumer firms, are bracing for a potential economic downturn by shrinking their employee base to streamli

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‘Wonders of Wrexham’: King Charles meets Hollywood stars at lowly…

Posted by December 9, 2022

WREXHAM, Wales, Dec 9 (Reuters) - King Charles toured the grounds of the lowly Welsh soccer club Wrexham owned by Ryan Reynolds and Rob McElhenney on Friday, ta

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