The Washington Post informed staff of significant layoffs and operational cuts Wednesday, including the closure of its Sports desk and daily podcast, as the newsroom grapples with financial pressures and a strategic pivot toward politics coverage.
Amazon's recent workforce reductions, bringing total corporate cuts to 30,000, reflect a broader shift in how layoffs are perceived. No longer framed as a sign of failure, they are increasingly presented as a strategic, forward-looking move to streamline operations and focus on priorities like AI, a narrative that resonates with investors despite the human impact.
The U.S. labor market faced its toughest year since the pandemic in 2025, with layoffs soaring to 1.2 million. Economists warn of an 'uncomfortably slow' rebound in 2026, leaving job seekers navigating a landscape of fierce competition and hiring freezes.
A significant year-end correction has hit Naples' rental market, with median asking rents falling sharply from 2024 highs. New data reveals a broader cooling trend across Florida, though Naples remains a premium market nationally.
In a decisive move against becoming the world's 'dumping ground,' Malaysia has imposed an immediate and comprehensive ban on all electronic waste imports, closing loopholes and launching a crackdown on corruption within its environmental oversight bodies.
High-stakes trilateral negotiations between Russia and Ukraine, mediated by the United States, have resumed in Abu Dhabi. The talks, described as 'productive' by officials, proceed under the shadow of recent Russian airstrikes that killed at least six, violating a temporary ceasefire pledge.
Telegram's Pavel Durov and X's Elon Musk have launched scathing attacks on Spanish PM Pedro Sanchez's proposed legislation to ban under-16s from social media and prosecute platform executives. Durov warns the measures, defended by Madrid as necessary for citizen protection, pave the way for government overreach and data surveillance.
The White House has deleted and corrected a social media post that falsely accused a Honduran man of child sex offenses, marking another incident of erroneous information being disseminated amid its immigration enforcement publicity campaign.
Fueled by streaming growth and a series of high-profile catalog acquisitions, Reservoir Media posted strong Q3 results and lifted its full-year guidance, signaling confidence in its diversified rights strategy.
Jeep unveils a high-concept, story-driven commercial featuring AI-generated animals, but breaks from tradition by opting out of a pricey Super Bowl slot. The automaker is shifting its strategy toward sustained social media engagement ahead of key product launches and the 2026 U.S. semiquincentennial.
Exclusive internal figures reveal Bloomberg Media's resilient 2025 performance, with subscription and advertising growth offsetting market volatility, even as the company faces a key executive departure.
Two Venezuelan nationals, ordered released by a federal judge in Minneapolis, were immediately re-detained by ICE agents in a contentious case involving the alleged assault of an officer with a snow shovel, sparking a legal battle over constitutional rights.
A Moscow court has sentenced stand-up comedian Artemy Ostanin to five years and nine months in prison for jokes deemed to incite hatred and offend religious feelings, marking a stark application of wartime censorship laws.
Spain has unveiled a plan to ban social media access for children under 16, part of a coordinated European push to regulate online platforms and protect minors from digital harms, as similar restrictions gain momentum worldwide.
A new Amnesty International report details how North Korean authorities are imposing arbitrary punishments, including public executions, on citizens caught consuming South Korean TV and other foreign media, with outcomes often determined by wealth and connections.
Taiwan's leading chip designer MediaTek signals that soaring demand for artificial intelligence is creating supply bottlenecks and inflating costs, prompting the company to revise its pricing strategy while remaining bullish on long-term growth.
News Corp is set to report quarterly earnings Thursday afternoon, with investors eyeing its digital transition and advertising resilience. Analysts project modest revenue growth as the media conglomerate navigates a shifting landscape.
Spanish Prime Minister Pedro Sánchez has unveiled a sweeping five-point plan to impose criminal liability on tech executives and regulate algorithms, drawing an immediate and profane rebuke from X platform owner Elon Musk and igniting a debate on digital sovereignty.
The Walt Disney Company has named theme parks chief Josh D’Amaro as its next CEO, placing its most reliable profit engine at the helm to steer the global media giant through industry-wide uncertainty and a historic $60 billion global expansion.
Designer Brands Inc., parent company of DSW and several footwear labels, has confirmed a new round of layoffs as part of an organizational restructuring. The move follows a trend of job cuts across the fashion and retail sector, driven by efforts to streamline operations and adapt to shifting market dynamics.
