Amazon is laying off another 9,000 workers as job cuts in the tech sector expand at a time of growing economic uncertainty. It follows cuts last fall and early this year. “Given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount,” Jassy said in a memo to staff today. “As we’ve just concluded the second phase of our operating plan (“OP2”) this past week, I’m writing to share that we intend to eliminate about 9,000 more positions in the next few weeks—mostly in AWS, PXT, Advertising, and Twitch. This was a difficult decision, but one that we think is best for the company long term,” he said. (PXT is People eXperience and Technology,) Tech companies have been shedding staff at a rapid clip. Meta Platforms, the corporate parent of Facebook , Instagram and WhatsApp, recently announced plans to cut another 10,000 jobs and undergo a hiring freeze in what CEO Mark … [Read more...] about Amazon Laying Off Thousands More As Job Cuts In Sector Expand
Fourth quarter earnings
Danny DeVito Sets Fall Broadway Return With Daughter Lucy In Theresa Rebeck Play ‘I Need That’
Danny DeVito will return to the Broadway stage this October in a new play by Theresa Rebeck called I Need That . The It’s Always Sunny in Philadelphia actor will star alongside his daughter Lucy DeVito and Ray Anthony Thomas in the Roundabout Theatre Company ’s production of what the company describes as “a deeply human new comedy.” Preview and opening night dates for I Need That at Roundabout’s American Airlines Theatre will be announced later. The synopsis: Sam (DeVito) doesn’t get out much. Actually, he doesn’t get out at all, opting instead for the safety of his house in the company of his things – his many, many things. But when a notice from the government arrives alerting Sam that he must clean up his property or face eviction, he’s forced to reckon with what’s trash, what’s treasure, and whether we can ever know the difference between the two. DeVito, best known of course for portraying Louie De Palma on the sitcom Taxi and, more recently, Frank … [Read more...] about Danny DeVito Sets Fall Broadway Return With Daughter Lucy In Theresa Rebeck Play ‘I Need That’
Rupert Murdoch On Getting Engaged Again: “I Knew This Would Be My Last. It Better Be.”
Rupert Murdoch is engaged — again. The 92-year-old billionaire announced, via an interview with the New York Post , that he will wed Ann Lesley Smith , the former San Francisco Police chaplain who is 26 years his junior. Murdoch divorced Jerry Hall, his fourth wife, last August. Speaking of his new love, he told the Post ‘s Cindy Adams: “I dreaded falling in love — but I knew this would be my last. It better be. I’m happy.” Murdoch said he nervously popped the question last week on St. Patrick’s Day in New York, adorning Smith’s finger with an Asscher-cut diamond engagement ring. They will marry in late summer. He told the Post that they met at his vineyard Moraga in Bel Air, CA. Smith’s late husband Chester Smith, the country singer, also owned a vineyard, so the pair hit it off discussing wine. “We’re both looking forward to spending the second half of our lives together,” said Murdoch, who plans to split his time with his new wife between California, the … [Read more...] about Rupert Murdoch On Getting Engaged Again: “I Knew This Would Be My Last. It Better Be.”
HBO Content Chief Casey Bloys’ Heartfelt ‘Succession’ Sendoff, A Series That Weathered A Few Real-Life Corporate Mergers
The first premiere of Succession was in 2018 at the NYC complex formerly known as the Time Warner Center. “A lot has happened in those five years. We’ve had a couple of corporate mergers, a global pandemic, a few Emmys,” said Casey Bloys , chairman-CEO of HBO and HBO Max Content at the premiere of the series fourth and final season. HBO parent Warner Media was sold to AT&T in a deal that closed that year. The telecom giant then sold it to Discovery in 2022. At the Season 3 premiere in October of 2021 the deal to create Warner Bros. Discovery had been announced but not yet closed. “It’s been a wild ride. But we are so proud to be the home of Succession ,” Bloys said taking the stage at the event at Jazz at Lincoln Center. Succession happens to be a show where tortured M&A attempts and boardroom infighting by a charismatic ensemble led by Brian Cox as media mogul-patriarch Logan Roy are integral to the action. “It’s been a joy from day one,“ Bloys said … [Read more...] about HBO Content Chief Casey Bloys’ Heartfelt ‘Succession’ Sendoff, A Series That Weathered A Few Real-Life Corporate Mergers