Boeing to cut around 300 defence division supply chain jobs
The workforce reduction comes at a time when companies are paring jobs and closely monitoring headcount Boeing is eliminating about 300 supply chain jobs from its defence division,…
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division
Fed minutes show deep division at the December meeting
The U.S. Federal Reserve agreed to cut interest rates at its December meeting only after a deeply nuanced debate about the risks facing the U.S. economy right now, according to minutes of…
Meta stock price: META rises on report that Zuckerberg will cut up to 30% of metaverse division
Shares of Meta Platforms, Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across its division by 10%, with as much as 30% cuts to…
LVMH Watches Division Takes Minority Stake in La Joux-Perret
PARIS — The LVMH Watches Division has acquired a minority stake in Swiss manufacturer La Joux-Perret. Financial terms of the deal were not disclosed. They concurrently struck a strategic…
Sony Lifts Forecast as Music Division Soars on ‘Demon Slayer’ Boom
Sony Group Corporation lifted its annual earnings forecast after posting double-digit profit growth for the July–September quarter, fueled by strong performances in its music and image…
Meta is cutting 600 jobs in its AI division
Meta is slashing roughly 600 jobs in its artificial intelligence unit as the tech giant aims to move faster to compete with its rivals. The company declined to comment on the job cuts, but…
Kering agrees to sell beauty division to L’Oreal in partnership
Kering SA agreed to sell its beauty division to L’Oreal SA as part of a long-term strategic alliance, with chief executive Luca de Meo seeking to turn around the French luxury giant’s…
EXCLUSIVE: The Lede Company Expands Talent Division to Paris
NEW HORIZONS: The Lede Company is expanding its talent division to Paris as it continues to strengthen its foothold in Europe. The agency, which represents celebrities including Rihanna,…
ANZ starts cutting jobs in institutional banking division
Precisely how many roles will be eliminated from the restructure remains unclear, and the bank has said that it will update investors on the process at a strategy day in October …
Fanatics Creates Advertising Division, New Sports Networks for Brand Messaging
Fanatics continues to expand its reach. The digital sports platform, which has expanded into trading cards, events and betting, has now launched Fanatics Advertising. The new division in…
Oracle cuts cloud division jobs amid surge in AI spending
Many tech giants have sought to deal with the surging costs of artificial intelligence by reducing expenses in other parts of the business Oracle is cutting jobs in its closely…
PR Agency Studio Beauty Acquires Wellness Firm Powers PR, Expands With Wellness Division
Studio Beauty, founded by Bex Meredith and Cindy Krupp, has acquired Powers PR for an undisclosed amount. Through the acquisition, Powers PR will become the Powers Wellness Division, while…
Amazon cuts 110 jobs in reorganization of Wondery audio division
Amazon on Monday said it is cutting 110 roles from its audio division Wondery as part of a restructuring effort. The cuts reflect an industry shift toward producing more podcasts with…
UTA London Hires Emily Thorpe-Jones to Lead Corporate and Private Events for Music Division
UTA‘s London office has hired Emily Thorpe-Jones to head up corporate and private events for its music division. Thorpe-Jones will work closely with UTA’s agents, managers and artists to…
Workers in Boeing’s defense division are preparing to strike. Here’s why
Union members who assemble Boeing’s fighter jets in the St. Louis area have “overwhelmingly voted” to reject the company’s contract offer on Sunday, with the company now preparing for an…
America’s Future — and Conservatism’s — Depends on Multiplication, Not Division
This is how we secure a future where the American spirit and the American nation reign supreme. Source link
Former Spotify Executive Jeremy Erlich Launches Alta Music Group, Signs Blackpink’s Jennie to Management Division
Jeremy Erlich, most recently the global head of music for Spotify, is setting up his own shop with the announcement Alta Music Group, an independent full-service music company folding in…
TikTok cuts more workers from US e-commerce division
US President Donald Trump has said he has a buyer lined up for the app, and just needs approval from the Chinese government for the sale TikTok is cutting more workers from its US…
Microsoft begins deep job cuts across Xbox division
Microsoft’s gaming division began informing employees of job cuts on Wednesday (Jul 2) morning, part of a broader culling at the software company as it seeks to control costs. Microsoft’s…
Colin Walsh to Step Down as CEO of P&G’s Specialty Beauty Division
Procter & Gamble’s Specialty Beauty division has a new chief executive officer. Colin Walsh, who has held the position since July 2023, is stepping down effective Aug. 1. He will be…
Amazon cuts more jobs, this time in books division
Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said on Thursday. The Seattle-based retailer said that fewer than…
Hermès Launches Headphones as Its Bespoke Division Expands Into Sound
At Hermès, there are personalized products — and then there is Ateliers Horizons. Nestled behind a steel gate on a nondescript side street in the Paris suburb of Pantin, this discreet…
Bethani Stainfield-Bruce Named Senior Vice President at DDA’s New Brand Division
LONDON — Bethani Stainfield-Bruce, the founder of luxury brand consultancy BSBP that works across film, music and entertainment, is joining DNA, a strategic brands vertical from the…
DDA Launches Brands Division, Adds Middle East Base in Dubai (EXCLUSIVE)
Marketing and communications agency DDA has launched DNA, a new brands-focussed division it says will “leverage the connective tissue across entertainment and brands through campaigns,…