Tag

Headcount

All articles tagged with #headcount

business20 days ago•3 min saved

Verizon trims hundreds of jobs as it runs leaner after November layoffs

Verizon confirmed a fresh round of layoffs—several hundred positions, representing under 1% of its workforce—primarily affecting its New Jersey headquarters in Basking Ridge, six months after slashing 13,000 roles in November. The company says the cuts are targeted and not AI-driven; CFO Anthony Skiadas said the firm is “running leaner” and will continue cost reductions beyond 2026. Verizon also notes it still has more than 1,000 US job openings and is hiring in growing areas, while AI is helping reduce vendor costs and improve software delivery.

via businessinsider.com|

#ai #business #headcount

business2 months ago•3 min saved

Goldman Sachs pivots to rolling, smaller layoffs this spring

Goldman Sachs is abandoning its usual spring mass layoff round in favor of multiple smaller, rolling cuts starting in April 2026, giving divisional leaders more timing control. The reductions will span all divisions but are expected to be fewer than last year’s up-to-5% target, with a traditional SRA possible later in the year.

via Business Insider|

#business #goldman-sachs #headcount

business4 months ago•3 min saved

Ericsson to cut up to 1,600 Sweden jobs to trim costs while protecting tech investments

Ericsson plans to reduce up to about 1,600 positions in Sweden as part of global cost-improvement efforts, submitting a notice to the Swedish Public Employment Service and opening negotiations with trade unions to balance savings with ongoing investments in technology leadership and programmable networks.

via Ericsson|

#business #cost-cutting #ericsson

business4 months ago•4 min saved

Fraser Sets Higher Bar for Citi as AI-Driven Transformation Advances

Citi CEO Jane Fraser told employees to raise the performance bar for 2026, demanding a more commercial, results-focused approach as the bank presses ahead with its Transformation to automate processes and cut costs. The plan to reduce up to 20,000 jobs over three years continues, with CFO Mark Mason noting headcount should decline further as AI investments progress. Citi also reported about $85 billion in revenue for 2025 and is reshaping leadership to emphasize AI-driven growth and North American talent needs in investment banking and wealth management.

via Business Insider|

#artificial-intelligence #business #citi

entertainment1 year ago•3 min saved

Sabrina Carpenter Leads 2024 Voter Registration with Record Numbers

Pop artist Sabrina Carpenter has registered more new voters for the 2024 US presidential election than any other artist, with 35,814 new registrations through her collaboration with HeadCount. The organization, which partners with musicians to engage voters, also noted that Green Day's tour set a record for voter engagement. HeadCount's efforts, involving over 100 artists, resulted in over 450,000 new voter registrations and engagement with over 3 million people. The election features a tight race between Kamala Harris and Donald Trump.

via The Independent|

#entertainment #green-day #headcount

entertainment1 year ago•2 min saved

Sabrina Carpenter Leads Voter Registration Efforts for 2024 Election

Sabrina Carpenter has engaged over 260,000 voters and registered more than 35,000 new voters ahead of the 2024 presidential election, breaking a record previously held by Ariana Grande. Partnering with the nonpartisan organization HeadCount, Carpenter used her "Short n' Sweet" tour to encourage voter participation through giveaways and contests. Her efforts are part of a broader trend of celebrities, including Taylor Swift and Beyoncé, urging fans to vote as Kamala Harris and Donald Trump compete for the presidency.

via Page Six|

#2024-election #celebrity-activism #entertainment

politics1 year ago•2 min saved

Sabrina Carpenter Leads 2024 Voter Registration Efforts Among Artists

Sabrina Carpenter has registered more voters than any other artist ahead of the 2024 presidential election, with 35,814 new registrations during her Short n’ Sweet tour. Partnering with HeadCount, she also engaged over 263,000 additional voters through various initiatives. HeadCount, which collaborates with numerous artists, registered over 450,000 new voters this year, highlighting the influence musicians have in encouraging democratic participation.

via Hollywood Reporter|

#2024-election #headcount #music-activism

music1 year ago•2 min saved

Sabrina Carpenter Sets Voter Registration Record on Tour

Sabrina Carpenter has set a new record for voter engagement in 2024 through her collaboration with HeadCount, registering over 27,000 new voters and engaging more than 183,000 through her "Short n’ Sweet" tour. This achievement surpasses any other artist's efforts this year. HeadCount, a nonpartisan organization, also noted that Green Day's "Saviors Tour" broke their all-time record for voter engagement on a single tour. The initiative aims to boost young voter participation, with over 80% of new registrations coming from Gen Z and Millennials.

via Variety|

#green-day #headcount #music

technology1 year ago•2 min saved

Leaked Docs Reveal Valve's Small Team and Competitive Pay

Leaked court documents from an ongoing antitrust case reveal that Valve, the company behind Steam, has maintained a surprisingly low headcount, never exceeding 400 employees, with 336 staff members in 2021. Despite this, Valve's payroll has significantly increased, reaching $157 million in 2021. The data also highlights the company's reliance on outsourcing and the growth of its hardware division, although it does not cover the impact of the Steam Deck launched in 2022.

via TechSpot|

#employee-pay #gaming-industry #headcount

legal-industry2 years ago•1 min saved

Law Firm Productivity Plummets, Posing Financial Challenges

A survey conducted by Wells Fargo's Legal Specialty Group reveals that while headcount in the legal sector has increased, attorney productivity has reached a historic low. The survey, which includes 130 firms, shows a 3.9% increase in lawyer headcount but a 4.1% decline in productivity. Despite the drop in demand, most firms are choosing to wait it out rather than resorting to layoffs or associate deferrals. The survey also found a decrease in billable hours per lawyer, with an annualized pace of just 1,538 hours compared to last year's high of 1,688 hours. However, firms have seen a 4.4% increase in revenue, largely due to higher billing rates.

via Above the Law|

#attorney-productivity #biglaw-firms #billing-rates

business3 years ago•2 min saved

Paramount's Dividend Cut and Headcount Approach Plunge Stock Value.

Paramount Global has announced a major dividend cut to 5 cents per quarter, saving the company $500m annually, citing the importance of financial flexibility given strong macroeconomic headwinds. The company is also preparing to sell Simon & Schuster and taking a disciplined approach to headcount. The move has surprised investors, with shares currently down 23%.

via Deadline|

#business #dividend-cut #financial-flexibility