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    • Layoffs

    Boeing will cut 10% of its workforce as the company posts big losses in the third quarter
    Update Information

    Boeing will cut 10% of its workforce as the company posts big losses in the third quarter

    Text size Boeing said Friday it would cut 10 percent of its workforce as the company expects a steep third-quarter loss due to a machinists' strike in the Seattle area. The aviation giant must “adjust our workforce levels to align…

    Posted on Kathleen William
    CVS Health plans to lay off nearly 3,000 workers
    Update Information

    CVS Health plans to lay off nearly 3,000 workers

    CVS Health is laying off about 2,900 employees across the company and the affected positions are “primarily corporate functions,” Mike DeAngelis, executive director of corporate communications, confirmed to USA TODAY on Tuesday. “Our industry faces ongoing disruption, regulatory pressures and…

    Posted on Kathleen William
    Zach Lowe joins the list of laid off on-air talent
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    Zach Lowe joins the list of laid off on-air talent

    UPDATED with latest: ESPN senior NBA writer Zach Lowe is the latest to be let go from the sports network as belt-tightening continues at the Disney-owned outlet. The Athletic, which first reported the news, said the respected Lowe's departure was…

    Posted on Kathleen William
    “CBS Evening News” anchor Jeff Glor, who was dumped for Norah O'Donnell, is being fired amid a bloodbath at Paramount
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    “CBS Evening News” anchor Jeff Glor, who was dumped for Norah O'Donnell, is being fired amid a bloodbath at Paramount

    Former “CBS Evening News” anchor Jeff Glor — who was replaced by Norah O'Donnell — was fired from the Tiffany Network as part of Tuesday's sweeping layoffs at parent company Paramount Global. Glor, who held the anchor chair once held…

    Posted on Kathleen William

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