Disney CEO Bob Chapek has told division leads in a letter that the company is implementing cost cutting measures in part to help it “achieve the important goal of reaching profitability for Disn...
Tag: Hiring
Disney+ establishes ‘cost structure taskforce,’ enacts targeted hiring freeze: memo
Disney (DIS) is reining in its spending after the company reported weak fourth quarter earnings, which sent the stock plummeting to a new 52-week low as investors zeroed in on the media giant’s ...
Disney Plans Job Cuts And Hiring Freeze; CEO Bob Chapek Anticipates ‘Tough And Uncomfortable Decisions’
Amidst economic uncertainty, Walt Disney Co (NYSE: DIS) is reportedly planning to freeze hiring and cut some jobs. In addition, the media conglomerate has reported its quarterly results with an operat...
Chipmaker GlobalFoundries to Start Job Cuts and Freeze Hiring
(Bloomberg) — GlobalFoundries Inc., the biggest US-based provider of made-to-order semiconductors, is beginning job cuts and has enacted a hiring freeze. Most Read from Bloomberg The company Fri...
Disney plans hiring freeze, job cuts, memo says
Disney plans to institute a targeted hiring freeze as well as some job cuts, according to an internal memo sent to executives. “We are limiting headcount additions through a targeted hiring free...
Ripple CTO Open To Hiring FTX Employees Not Involved In Shady Practices
– Advertisement – David Schwartz has no qualms about poaching FTX employees, but there are exceptions. IN A TWEET, Ripple CTO David Schwartz urged employees at embattled crypto exchange ...
Layoffs sweep crypto as economic concerns mount; Dapper Labs, Bitmex among hardest hit
Crypto layoffs have continued into November. The industry faces not only an ongoing bear market marked by depressed digital asset prices, but also a tough macroeconomic environment where inflati...
Yuga Labs Is Hiring the ‘Best and Brightest’ to Build the Next Internet, CEO Says
Nicole Muniz, CEO Yuga Labs, spoke on center stage at Lisbon’s annual technology conference WebSummit on Thursday, addressing the importance of security and safety of digital assets, the potential of ...
The Block: IRS building ‘hundreds’ of crypto cases, ramping up hiring: Bloomberg Tax
The United States Internal Revenue Service is developing “hundreds” of soon-to-be-public cases involving crypto, according to a Bloomberg Tax report citing division chief Jim Lee. Th...
Recession Concerns Grow As Amazon Pauses Hiring And Major Tech Companies Announce Layoffs This Week
Topline Amazon announced plans Thursday to implement a corporate hiring freeze, as the country’s second biggest company contends with rising inflation and economic uncertainty—becoming the latest comp...
Here’s How Fed Hikes Have Changed Hiring
Topline Though private employers continued to hire at a resilient pace last month, early signs indicate the Federal Reserve’s economic tightening campaign has started to hit some industries and ...
Amazon Freezes Hiring Levels in Profitable Advertising Business
(Bloomberg) — Amazon.com Inc. is freezing staffing levels in its profitable advertising business, according to a person familiar with the matter, showing that the world’s largest e-commerce comp...
FAMEEX hiring global agent with highest reward to attract crypto enthusiasts
The startup cryptocurrency exchange FAMEEX has released a further upgrade to the Global Agent Program for crypto and financial influencers. This upgrade makes the Global Agent Program one of the most ...
Crypto companies are still hiring, but you may not find a job post about it
Crypto companies are still hiring but might not be actively recruiting amid the market downturn. If you are considering joining the space, however, this is still a good time to get your feet on the do...
US lawmakers express concern over crypto firms hiring former government officials
Five US Democratic lawmakers led by Senator Elizabeth Warren have written the heads of several financial regulators in the country, enquiring about the “revolving door’ between government agencies and...
Adidas Implements Hiring Freeze, But No Layoffs, Amid Split With Kanye
Illustration by Forbes; Photos by Jeremy Moeller/Getty Images; Jonathan Knowles/Getty Images Adidas has initiated a hiring freeze but suggested it does not plan to conduct layoffs after it cut ties ...
Amazon announces a hiring freeze in ‘parts’ of its cloud business
Amazon.com Inc (NASDAQ: AMZN) is trading down in extended trading after the multinational said it was no longer hiring for “parts” of its cloud business. Hiring freeze to only affect ‘parts’ of AWS Th...
This Hotel Chain Is ‘Hiring’ A Chief Eats Officer To Travel Around The World
The lucky winner will be paid $10,000 to travel to up to eight countries as they document their favorite culinary and cultural stops along the way. Young woman walking with waffle a traditional belgia...
Asset Management Giant Fidelity Doubles Down on Crypto With Hiring Spree of 100 Employees: Report
Financial services giant Fidelity is reportedly doubling down on digital assets by looking to expand its crypto unit. According to a new report by Bloomberg, Fidelity Investments is expanding the hiri...
Economists Warn U.S. Already In Recession Or Could Be Soon—The Latest In A Series Of Dismal Forecasts
Topline The United States is already in a recession or could tip into one soon, economists surveyed by the National Association for Business Economics (NABE) warned on Monday, the latest in a series o...
Fidelity Investments Plans Hiring 100 Personnel For Crypto Division
Fidelity’s job board presently has 74 active results for digital asset-related opportunities. Massive layoffs seem to have freed up a pool of qualified crypto experts. In sharp contrast to the recent ...
Block on Hiring Spree for Bitcoin Mining, Wallet Hardware Businesses
Payments company Block has announced multiple job openings for its bitcoin mining and wallet hardware businesses. According to the company’s job postings on LinkedIn, the available job openings ...
Fidelity Extends Its Massive Crypto Hiring Push
Alex Dovbnya The financial giant wants to expand its cryptocurrency unit in spite the crypto market wipeout that took place earlier this year Financial giant Fidelity intends to hire 100 more people f...
95% Ripple Employees Say It’s Great Place To Work As Ripple Is Hiring To Fill Over 150 Roles Despite Crypto Winter
– Advertisement – Ripple continues to expand despite the deepening crypto winter and SEC case. In a tweet on Friday, Ripple urged the public to consider joining its team and look through...
Bear Markets Are For Building and Hiring from a Wider Pool of Talent
Over the last couple of months, it has become more and more apparent that we’ve entered the next bear market. With the global economy in shambles and the next Bitcoin halving nearly two years away, it...
Why Crypto Assets To Be Safer On Binance With FBI Agent Hiring?
Amid growing instances of crypto-based fraudulent activities, top exchange Binance hired a new head of investigations for its U.S. arm. The company announced the appointment of former Federal Bureau o...
Fintech layoffs mount as October marks 6 months of crypto downturn
After the Terra-Luna collapse sent crypto prices tumbling in May, many firms trimmed substantial parts of their workforce to stabilize their businesses. In June, for example, Coinbase laid off aroun...