Tag: companywide

CBS News Hit by Layoffs Amid Companywide Downsizing at Paramount Global
3 min read
Business

CBS News Hit by Layoffs Amid Companywide Downsizing at Paramount Global

CBS News, a prominent broadcast network, has recently been hit by a wave of layoffs as part of overarching companywide cutbacks spearheaded by Paramount Global. With the aim of restructuring and streamlining operations, CBS News has been forced to let go of 20 employees, including well-known reporters Catherine Herridge and Jeff Pegues.

Figma called employees from companywide PTO to town hall to inform them Adobe deal was dead
3 min read
Business

Figma called employees from companywide PTO to town hall to inform them Adobe deal was dead

Figma, the popular collaborative design platform, recently held a town hall meeting to deliver some disappointing news to its employees. During the meeting, the company’s management announced that the anticipated deal with software giant Adobe had fallen through. This surprising turn of events left the Figma team members shocked and concerned about the future of the company.