As expected, Twitter has announced that it’s laying off a large chunk of its workforce as it prepares to go it alone after failing to attract a solid suitor. [More]
job cuts
Mega-Beer Merger Could Cost SABMiller, Anheuser-Busch Employees Thousands Of Jobs
It’s not just brands of beer that Anheuser-Busch InBev and SABMiller have had to discard in order to make their $107 billion merger dreams a reality: it could also cost thousands of people their jobs. [More]
Report: Yahoo May Lay Off Thousands Of Employees
Yahoo, which canned its former CEO over the phone a few months ago, is reportedly on the verge of a major restructuring that will reshape the firm the internet forgot into a much smaller version of itself. The company is seemingly set to announce massive layoffs that could number in the thousands. [More]