Forbes' newsroom union began a three-day walkout Thursday arguing management was union busting.
Its CEO announced layoffs later that afternoon hitting roughly 3% of the company.
Insider announced it was eliminating 8% of its workforce, months after a union strike over a contract impasse with management.
The New York Daily News editorial union walked off the job Thursday to protest “chronic cuts” by its owner, private equity firm Alden Capital.
Paramount CEO Bob Bakish warned employees Thursday that the company is planning a fresh round of layoffs.
Sports Illustrated's newsroom was gutted by sweeping layoffs after its parent company, The Arena Group, failed to make a $3.75 million quarterly payment to the group from which it licenses the Sports Illustrated brand.
By Bill Davis
January 31, 2024