GM Announces 600 Job Cuts Amid Strategic Shift Half in U.S
August 20, 2024
GM confirmed the layoffs initially reported by CNBC, “As we build GM’s future, we must simplify for speed and excellence, make bold choices, and prioritize the investments that will have the greatest impact.” CNBC said the job cuts include roughly 600 jobs at GM’s tech campus near Detroit. GM, which said about half of the […]
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NBA Rejects Warner’s TNT Signs $77B Deal with ESPN NBC and Amazon
July 26, 2024
The NBA on Wednesday rejected an offer from Warner’s TNT sports division — ending four decades of partnership — and announced new agreements with Walt Disney’s ESPN, Comcast-owned NBCUniversal, and Amazon.com in an 11-year deal worth $77 billion. Warner Bros Discovery and the NBA did not immediately respond or requests for comment. Shares fell more […]
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