Disney+ Subscribers Hit First Major Dip, Resulting in 7K Layoffs
Disney’s first quarter with CEO Bob Iger back in command isn’t looking so good. In Q1 2023 Disney reported a total of 161.8 million Disney+ global subscribers, a decrease of…
employees
Groupon Fires 500 Employees in Wave 2 of Layoffs
Due to the tough competition, Groupon is continuing to make cuts in its workforce in order to stay afloat. With over 30 million active customers and mounting expenses, this move…
Giant Bomb, GameSpot, and Metacritic Furloughing Employees Amid Decline in Fandom
Many employees at entertainment company Fandom have lost their jobs due to the company’s restructuring. In particular, these layoffs include personnel working on Giant Bomb, GameSpot and Metacritic. These properties…
Citizen App Lays Off 33 Employees Amidst Crime-Reporting Struggles
Citizen announced Wednesday the layoffs of 33 staff members, confirming to TechGround. We thank our departing team members for their contributions to Citizen and are committed to supporting them during…
Greenlight Lays Off 104 Employees to Cut Costs
Greenlight, a fintech startup offering debit cards to kids, has laid off 21% of its workforce – 104 employees out of 485 – due to the economic slowdown. This decision…
