All articles tagged with #staff reductions
Supermassive Games has announced a third wave of layoffs affecting up to 75 positions at its Guildford studio, saying the cuts are a necessary step to sustain the company. This follows July’s 36-role reduction tied to delaying Directive 8020, and the firm had previously affected around 90 staff in February 2024, with management pledging support for those impacted and a renewed focus on core strengths and upcoming titles.
President Trump said he wants Bill Pulte, his acting director of national intelligence, to shrink the DNI by firing personnel, with the eventual permanent director to continue the downsizing; the plan follows prior reductions and has drawn bipartisan scrutiny as Pulte’s nomination remains unsettled.
Lexington Public Schools are cutting about 65 teachers, classroom aides, and other staffers, and issuing non-renewal letters to roughly 160 early-career educators amid a budget crisis.
NBC News laid off about 150 staffers, roughly 2-7% of its workforce, as part of cost-cutting measures ahead of Comcast's split of its cable networks into Versant, which will no longer provide newsgathering for MSNBC and CNBC, leading to organizational changes and job reassignments.
The article discusses how recent policies under the Trump administration, including staff cuts, funding reductions, and administrative changes, are causing turmoil within the US national park system, threatening its environmental integrity, operational capacity, and relationship with Native American tribes, despite its popularity and economic importance.
Volkswagen's 10 billion euro savings program will involve staff reductions as the company's brand chief, Thomas Schaefer, warns that high costs and low productivity have made its cars uncompetitive. The German carmaker is currently in negotiations with its works council over a cost-cutting scheme at its VW brand, which is the first step in a company-wide effort to improve efficiency during the transition to electric cars. While the company plans to reduce its workforce through agreements on partial or early retirement, the majority of the savings goal will be achieved through measures other than personnel reduction.
The San Diego Union-Tribune has been sold to hedge fund Alden Global Capital's MediaNews Group, completing the transaction on Monday. The newspaper, which dates back to 1868, was previously owned by Tribune Publishing and sold along with the L.A. Times to Patrick Soon-Shiong in 2018. MediaNews Group, known for cost-cutting methods, owns over 100 newspapers and has faced criticism for staff reductions. The new ownership anticipates making staffing decisions to offset revenue slowdowns, seeking efficiencies while prioritizing local newsgathering.