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Corporate Culture

All articles tagged with #corporate culture

Meta to Slash 10% of Staff, Sparking a Month of Uncertainty
business1 month ago

Meta to Slash 10% of Staff, Sparking a Month of Uncertainty

Meta plans to cut about 10% of its workforce (roughly 6,000 roles) with layoff notices set for May 20, leaving thousands in a month-long limbo as leadership clarifies vesting and travel details; employees react with anxiety and dark humor in internal forums, while some see relief that leadership acknowledged the issue and discussions of voluntary buyouts surface alongside comparisons to peers.

Marvel Visual-Development Team Shrinks as Layoffs Prompt Cohesion Concerns
corporate-culture1 month ago

Marvel Visual-Development Team Shrinks as Layoffs Prompt Cohesion Concerns

Marvel Studios’ in-house visual development team, responsible for the studio’s character aesthetics, was cut from about 13–15 artists to a handful amid Disney’s mass layoffs. Former staff describe the move as shortsighted and warn it could erode institutional knowledge and project cohesion, with speculation about AI involvement and reports that Marvel may rehire laid-off artists on a freelance basis.

Amazon Slashes Robotics Staff Amid Broad Cost-Cutting Push
business2 months ago

Amazon Slashes Robotics Staff Amid Broad Cost-Cutting Push

Amazon cut a small number of jobs in its robotics division as part of a sweeping cost-cutting drive that has eliminated more than 57,000 corporate roles since 2022. While leadership says robotics remains a strategic priority, Amazon is winding down some initiatives (like Blue Jay) and shuttering underperforming ventures, even as it continues to hire in strategic areas and invest in AI data centers and a flatter, less bureaucratic culture under CEO Andy Jassy.

Altman Takes Subtle Jab at Zuckerberg Over 'Masculine Energy' in OpenAI Slack Memo
technology4 months ago

Altman Takes Subtle Jab at Zuckerberg Over 'Masculine Energy' in OpenAI Slack Memo

OpenAI CEO Sam Altman, in a Slack memo criticizing Immigration and Customs Enforcement, also took a subtle dig at Mark Zuckerberg by saying OpenAI didn’t 'start talking about masculine corporate energy' when that was popular; the jab comes amid a fierce talent war between OpenAI and Meta, including aggressive signing bonuses and targeted poaching of researchers.

Amazon Readies Second Wave of Corporate Cuts Targeting About 30,000 Roles
business4 months ago

Amazon Readies Second Wave of Corporate Cuts Targeting About 30,000 Roles

Amazon plans a second round of roughly 30,000 corporate layoffs next week, affecting AWS, retail, Prime Video and HR; the October cuts were 14,000 and this round is expected to be about the same size as last year's, totaling about 10% of the corporate workforce and potentially the largest layoff in the company's 30-year history, with CEO Andy Jassy saying the move is driven by culture, not finances or AI.

Paramount’s Warner Bros. Bid Exposes Hollywood’s Acquisition Obsession
corporate-culture4 months ago

Paramount’s Warner Bros. Bid Exposes Hollywood’s Acquisition Obsession

An io9/Gizmodo opinion piece arguing Paramount’s ongoing bid to acquire Warner Bros. (backed by lawsuits and European lobbying) highlights Hollywood’s unhealthy fixation on consolidation. Despite a judge ruling the suit unfast-trakable and Warner Bros.’ shareholders favoring Netflix, the piece contends such monopolistic deals harm creativity, jobs, and media independence, and warns the pursuit could spur more aggressive acquisitions across the industry.

Campbell’s Soup faces PR crisis over executive misconduct and controversial comments
business5 months ago

Campbell’s Soup faces PR crisis over executive misconduct and controversial comments

A leaked audio of a Campbell's executive mocking Indian workers and customers sparked a PR crisis, highlighting the importance of private conduct aligning with corporate values, the fragility of internal trust, and the public consequences of private comments, ultimately emphasizing that leadership is judged by its integrity at all times.

CEOs Demand Compliance or Exit
business6 months ago

CEOs Demand Compliance or Exit

Recent trends show CEOs adopting a tough stance on DEI, AI, and remote work, emphasizing control and loyalty, with some companies openly opposing woke-ism and political neutrality, signaling a shift towards more authoritarian corporate cultures amid layoffs and economic shifts.