Tech Insider
Bob Iger
Iger.
  • Disney CEO Bob Iger announced layoffs on Wednesday.
  • 7,000 jobs will be cut.
  • Iger returned as CEO in November. 

Disney CEO Bob Iger is looking to cut costs and reorganize the company, announcing sweeping layoffs on Wednesday.

Tech Insider
Talk of a recession and fewer  vacancies may keep more employees in their roles for longer.
More than 3,000 startup employees have been laid off in January.
Tech Insider
Quiet layoffs are underway.
Dee C. Marshall — the CEO of Diverse & Engaged, a DEI consultancy that works with Fortune 500 companies and tech clients — said several recently laid-off professionals in diversity had messaged her for career advice.
Tech Insider : Economy
Illustration
Tech CEOs shouldn't be making $280 million a year or even $1 a year — they should be fired for poorly managing some of the largest companies in the world.

Now laid-off employees are paying the price

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auto manufacturing chevy
Automakers like Ford and GM have yet to announce anything close to the layoffs that have left thousands of tech workers out of a job this year.