marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
layoffs
02/23/2024
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By Laura Harris
Google faces backlash over MASS LAYOFFS in January despite company’s financial success
Tech giant Google has once again come under fire after conducting another round of mass layoffs in January to streamline operations and allocate more resources to artificial intelligence (AI). The job cuts, which affected a thousand employees, included hundreds of workers in the voice assistant sector, hardware teams responsible for Pixel, Nest and Fitbit products, augmented reality, engineering […]
02/02/2024
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By Cassie B.
Fake news corporate media is imploding as Los Angeles Times announces massive layoffs amid “financial crisis”
The Los Angeles Times has laid off at least 115 journalists in a massive layoff that accounts for just over 20 percent of its newsroom. The move comes as the company struggles to cope with a “financial crisis.” The head of their union, the Media Guild of the West, Matt Pearce, said that 94 of […]
01/23/2024
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By Olivia Cook
YouTube lays off 100 employees amid wider job cuts at parent Google
Search engine giant Google has confirmed another round of layoffs – this time 100 employees on its video platform YouTube. Multiple media outlets reported on Jan. 17 that the tech giant told employees at YouTube’s operations and creator management teams of the job cuts via an internal memo. Their positions were reportedly being eliminated “to […]
12/22/2023
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By Ramon Tomey
Woke Disney hits major roadblocks on its centennial anniversary
The Walt Disney Company has encountered major roadblocks on its 100th anniversary, mainly of its own making as it pivoted toward wokeism. The entertainment giant’s issues began when its incumbent CEO Bob Iger returned, following the departure of his predecessor Bob Chapek. Incidentally, Iger headed Disney prior to Chapek taking over. According to Iger, he […]
12/13/2023
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By Laura Harris
Dual strike of writers and actors caused a 17% DROP in Hollywood workforce
Employment in the entertainment industry of the Greater Los Angeles area has experienced a 17 percent decline since the onset of the dual strike of the Writers Guild of America (WGA) and the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) This is according to a study conducted by the Otis College of Art […]
11/07/2023
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By Ethan Huff
Financial failure? Nation’s largest banks just cut 20,000 jobs
A record 20,000 jobs have been shed from the U.S. banking sector, which means a major financial calamity is in the works. America is already technically in a recession, though they redefined that word a few years back to stretch out the collapse, which will soon become more of a depression, if not much worse. […]
11/02/2023
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By Ramon Tomey
McDonald’s records increase in PROFITS – thanks to HIGHER PRICES of menu items
Fast-food giant McDonald’s has reported an increase in profits for the latest quarter, which it attributed to “strategic menu price increases.” On Oct. 30, the Golden Arches said it earned a total of $6.69 billion in revenue for the three-month period ending Sept. 30. That amount represents a 14 percent increase from the previous quarter’s revenue […]
10/18/2023
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By Richard Brown
LinkedIn, which discriminates against conservatives, just fired around 700 employees
Microsoft subsidiary LinkedIn, notorious for its anti-conservative bias, has fired around 700 employees as part of workplace reduction efforts. According to a CNBC report, the layoffs sought to reshape LinkedIn’s organizational structure and optimize operations. The company’s engineering department bore the heaviest brunt of the layoffs, though it wasn’t the only division affected. The cuts […]
10/05/2023
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By Laura Harris
Tech firms developing and deploying AI that can deceptively MIMIC HUMAN BEHAVIOR
Technology companies are now developing and deploying artificial intelligence (AI) systems that deceptively mimic human behavior for a number of tasks. According to a report by the nonprofit consumer organization Public Citizen, such tasks include aggressively marketing products and services; dispensing dubious medical and mental health advice; and potentially ensnaring users in toxic relationships with […]
08/07/2023
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By Belle Carter
Bud Light’s parent company loses $390M after Dylan Mulvaney ad controversy
Bud Light’s parent company AB InBev is beginning to feel the results of the “woke” marketing fiasco it recently dealt with. In its second-quarter earnings report, AB InBev reported a 10.5 percent drop in revenue for its U.S. market and a 28.2 percent drop in core profit. Overall, it lost approximately $390 million last year. […]
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