All articles tagged with #lay offs
Business Insider's recent lay-offs add to the wave of job cuts in the news industry, reflecting ongoing challenges in the journalism sector. This trend highlights the increasing shift towards digital access and the struggle for traditional media outlets to adapt to changing consumer behaviors and revenue models.
Citigroup is reportedly preparing to announce its first major round of lay-offs, as part of a broader restructuring plan. The move comes as the financial industry continues to face challenges amid the ongoing pandemic and economic uncertainty.
Overwatch League teams will vote on the fate of the league at the end of the season, with Activision Blizzard offering a $6 million payout to teams that choose not to continue. Lay-offs within Activision Blizzard's esports department signal a challenging future for the company's esports plans. Despite this, Overwatch League commissioner Sean Miller states that the league remains committed to a competitive ecosystem in 2024 and beyond, building towards a revitalized global scene. The vote's outcome won't necessarily mean the end of Overwatch esports, but it presents an opportunity for teams to exit.