Yahoo will lay off more than 20% of its workforce by the end of 2023, eliminating 1,000 positions this week alone, the company said in a statement Thursday.
Category Archives: business
Southwest exec vows fixes but rebuffs calls for cash hardship payments to fliers
COO Andrew Watterson apologized for the holiday travel meltdown and told senators that the company is upgrading its scheduling system and weather preparations.
Chick-fil-A will test a cauliflower sandwich in its first plant-based pilot
Chick-fil-A will test its first plant-based entree: a cauliflower sandwich.
Disney announces planned sequels for 'Toy Story,' 'Frozen' and 'Zootopia'
The “Toy Story” franchise consists of four theatrical chapters and one spin-off: 2022’s “Lightyear.” Although the latter film underperformed, “Toy Story 3” and “Toy Story 4” both made more than $1 billion at the worldwide box office.
Disney to cut 7,000 jobs as it slashes costs and reorganizes
Disney said Wednesday it is planning to reorganize into three segments.
Netflix confirms it will start charging users to share an account with others outside their home
Attention Netflix password sharers: Your days of giving free access to your account to someone outside your home are numbered.
Colgate-Palmolive recalls 4.9 million units of Fabuloso multipurpose cleaner citing risk of exposure to bacteria
Consumer household goods giant Colgate-Palmolive is recalling approximately 4.9 million units of Fabuloso multipurpose cleaner because the products may expose consumers to a harmful bacteria.
Bed Bath & Beyond to close 150 more stores
Bed Bath & Beyond said it plans to close another 150 stores as it continues to reorganize its finances.
TikTok executive comes out as nonbinary
A TikTok executive came out publicly as nonbinary Monday in a message shared on LinkedIn and Twitter.
Labor Secretary Marty Walsh stepping down for top hockey union job
Labor Secretary Marty Walsh is leaving the Biden administration to become head of the National Hockey League Players Association.