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“Disney fires TV content chief Peter Rice in shock move” Embattled Disney CEO Bob Chapek canned TV content boss Peter Rice on Thursday in a surprise shakeup that blindsided Disney employees, as well as Rice himself, sources said. Rice — who oversaw the division that made over 300 shows a year for platforms like ABC,…
“Ford to create 6,200 jobs, invest $3.7B to build more EVs” Ford will add 6,200 factory jobs in Michigan, Missouri and Ohio as it prepares to build more electric vehicles and roll out two redesigned combustion-engine models. The company says it will invest $3.7 billion in the three states between now and 2026. It also…
“Microsoft doubles budget for employee salaries to address inflation, retain talent” Microsoft plans to boost salaries and benefits to retain its talent in the competitive labor market as decades-high inflation has sapped the buying power of American workers. The Seattle-based tech giant said Monday it would “nearly double” its budget for employee pay as part…
“Facebook parent Meta orders hiring freeze as growth slows” Facebook parent Meta is instituting a hiring freeze for some higher-level positions — a move that comes as Mark Zuckerberg’s embattled social media giant warns of slowing revenue growth. Meta will slow down or entirely pause hiring for most of its mid- or senior-level positions, according…
“Indian woman defies arranged marriage — offers him a job instead” This was no labor of love. An Indian businesswoman who defied her father by offering her arranged marriage prospect a job — instead of her hand — is sharing his enraged reaction on social media. Her dad’s horrified texts are blowing up on Twitter…
“Zuckerberg downplays employee exodus as Meta’s stock soars” Mark Zuckerberg downplayed recent employee turnover at Facebook’s parent company Meta, even as the tech giant reported strong earnings that sent its shares soaring on Thursday. During the company’s first-quarter earnings call, an analyst asked Meta executives to address the state of its “employee retention” and whether…
“Amazon plans high school hiring push amid labor shortage: report” Amazon reportedly plans to recruit graduating high school students to staff its warehouses as it battles other companies for workers in an extremely tight labor market. The e-commerce giant will begin the hiring push next month – with company representatives set to tout Amazon’s perks…
“#US sees December job boost to close out 2021” The US added just 199,000 jobs in December, falling well short of expectations as employers battle workplace disruptions due to the highly contagious Omicron variant, the Labor Department said Friday. Despite the lower-than-expected payrolls, the US unemployment rate fell to 3.9 percent, down from 4.2 percent…
“#Chris Cuomo’s book canceled by HarperCollins” HarperCollins Publishers has dropped plans to release a book by Chris Cuomo amid the controversy that led to his firing by CNN, The Post has learned. A spokesperson for the company’s Custom House imprint confirmed the decision Tuesday following a report that a listing for the planned hardcover was…
“#CNN’s Jeff Zucker says Chris Cuomo ‘deserved termination’” CNN president Jeff Zucker told the network’s staffers on Tuesday morning that former host Chris Cuomo “deserved termination” and won’t be paid any severance, according to reports. During a town hall-style meeting, Zucker also called Saturday’s firing of the “Cuomo Prime Time” star “a lesson we have…