The US Agency for Global Media is cutting over 500 jobs. This move comes after a federal judge stopped the agency's boss from firing the Voice of America (VOA) director. The judge also said the agency wasn't following his orders to restore VOA's operations. He gave the agency one last chance to show they were following the rules. The acting CEO, Kari Lake, announced...
The Corporation for Public Broadcasting (CPB) is shutting down. This is a big deal. The organization announced it will stop most of its work by the end of September. This comes after Congress decided to cut $1. 1 billion in funding. The CPB helps local radio and TV stations. It also supports PBS and NPR programs. Many people rely on these stations for news and educa...
Shailesh Jejurikar, a 58-year-old executive, is set to take the helm at Procter & Gamble (P&G) on January 1st. He will succeed Jon Moeller, who has been at the company's head since 2021 and will now take on the role of executive chairman. Jejurikar, who has been with P&G since 1989, has a strong track record, having led some of the company's biggest brands like Tide,...
Paramount Global has been through a lot lately. The company has been in talks with Skydance Media for over a year. They finally agreed to merge in July 2024. But the deal had to go through the FCC. That process was not easy. Critics said Paramount paid $16 million to settle a lawsuit. They thought this was to get President Trump's support. CBS also canceled "The Late...
Microsoft is letting go of 9, 000 workers. This is part of a bigger plan to reshape the company. The cuts are happening in different areas and at all levels. Even though the company is making a lot of money, it wants to work more efficiently. The company says it needs to simplify things. This means fewer managers and more streamlined processes. It's not the first ti...
Microsoft is letting go of thousands of employees, marking its second big round of job cuts in just a few months. This time, the cuts are hitting various teams worldwide, including sales and the Xbox gaming division. The company hasn't shared the exact number of people affected but says it's less than 4% of its workforce from a year ago. With around 228, 000 employe...
During a recent congressional hearing, it was revealed that Voice of America (VOA) may have been used to broadcast President Donald Trump's message to Iranians in Farsi during U. S. military strikes. This disclosure has sparked concerns about the traditionally independent news service's role and integrity. Kari Lake, Trump's appointed head of the U. S. Agency for Gl...
The tech world is buzzing with AI. Big companies are jumping on the bandwagon, using AI to make things run smoother and faster. This shift is causing a lot of changes, including job cuts. Andy Jassy, the head of a major tech company, recently dropped a hint about more layoffs on the horizon. Why? Because AI is taking over many tasks that humans used to do. This isn'...
Amazon's top boss, Andy Jassy, recently dropped a bombshell on employees. He announced that artificial intelligence (AI) would lead to fewer white-collar jobs in the coming years. His reasoning? AI boosts efficiency. However, not everyone in the company is on board with this plan. Inside the company, reactions on internal chat platforms were fierce. Workers criticiz...
Amazon's top boss, Andy Jassy, recently dropped a big hint about the future of work at the company. He said that artificial intelligence, or AI, will likely lead to fewer corporate jobs over time. This is because AI can do some jobs more efficiently than humans. Jassy believes that while some jobs will disappear, new ones will emerge. This shift is happening across m...