Current:Home > ScamsNBC News lays off dozens in latest bad news for US workforce. See 2024 job cuts so far. -TradeWisdom
NBC News lays off dozens in latest bad news for US workforce. See 2024 job cuts so far.
TradeEdge Exchange View
Date:2025-04-08 14:11:26
NBC News has laid off several dozen staffers, the latest of dozens of companies to start off the new year with bad news for its employees, USA TODAY confirmed Friday.
A source familiar with the plans said that employees were given a 60-day notice and will get severance packages and outplacement.
The layoffs at NBC News, first reported by Puck News, are the latest in an onslaught of cuts made in the journalism industry throughout 2023, including by NBC News, which slashed 75 jobs this same time last year, according to a timeline provided by Forbes.
Other industries, including tech, are starting this year off by slashing staffers from the payroll.
Will 2024 be better? Well, things aren't off to a great start.
Google lays off hundreds
Google is starting 2024 by cutting several hundred jobs across the company, USA TODAY reported Friday.
The company confirmed told USA TODAY that the layoffs will impact employees within Google's hardware and central engineering teams, as well employees who work on Google Assistant, the company's voice-activated software product.
Other parts of the company were also affected.
"we’re responsibly investing in our company's biggest priorities and the significant opportunities ahead," the company said in a statement. "To best position us for these opportunities, throughout the second half of 2023, a number of our teams made changes to become more efficient and work better, and to align their resources to their biggest product priorities."
Worried about job cuts in 2024?Here's how to prepare for layoff season
Twitch cuts workforce by 35%
Amazon's livestreaming platform, Twitch, announced in a blog post on Wednesday that it will cut 35% of its workforce this year.
"As you all know, we have worked hard over the last year to run our business as sustainably as possible," Twitch CEO Dan Clancy wrote in the post. "Unfortunately, we still have work to do to rightsize our company, and I regret having to share that we are taking the painful step of reducing our headcount by just over 500 people across Twitch."
He went on to say that the company has been cutting costs and identifying efficiencies over the last year to "build a more sustainable business."
"Unfortunately, despite these efforts, it has become clear that our organization is still meaningfully larger than it needs to be given the size of our business," he said.
Other 2024 job cuts we know of so far
Along with a recent survey showing 85% of workers anxious over what the new year may mean for their jobs, LinkedIn shared a list of cuts that have been announced so far this year.
- Universal Music Group will lay off hundreds of employees, Bloomberg reports.
- Citigroup will eliminate 20,000 jobs to cut costs by $2.5 billion, Bloomberg reports.
- Disney's Pixar could cut staff by 20% this year, TechCrunch reports.
- Discord will eliminate 17% of its employees to "sharpen focus," The Verge reports.
- Amazon will lay off hundreds of Prime Video and MGM Studios workers, The Hollywood Reporter writes, as well as 5% of its Audible staff.
- BlackRock will lay off 3% of its global workforce, Bloomberg reports.
- The NFL has offered buyouts to around 200 of its 1,100-person staff, CNBC reports.
- Rent the Runway will cut 10% of its corporate employees, including its COO, Bloomberg reports.
- Unity Software will lay off 1,800 people (25% of its workforce), Reuters reports.
- Duolingo will eliminate 10% of its contractor positions, Bloomberg reports.
- Newell Brands, Sharpie and Rubbermaid producer, will cut 7% of its office roles, The Wall Street Journal reports.
- VideoAmp will lay off 20% of its employees, AdAge reports.
- Xerox will lay off 15% of its workforce, the Wall Street Journal reports.
- The Messenger will cut around two dozen jobs, The New York Times reports.
- Cheddar has furloughed workers due to "unforeseen" factors, The New York Times reports.
Gabe Hauari and Julia Gomez contributed to this reporting.
veryGood! (1)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Rain, flooding continue to slam Northeast: The river was at our doorstep
- Glasgow Climate Talks Are, in Many Ways, ‘Harder Than Paris’
- A Maryland TikToker raised more than $140K for an 82-year-old Walmart worker
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- To Understand How Warming is Driving Harmful Algal Blooms, Look to Regional Patterns, Not Global Trends
- Disney employees must return to work in office for at least 4 days a week, CEO says
- Inside Clean Energy: A Michigan Utility Just Raised the Bar on Emissions-Cutting Plans
- North Carolina justices rule for restaurants in COVID
- Inflation is easing, even if it may not feel that way
Ranking
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Lady Gaga Shares Update on Why She’s Been “So Private” Lately
- Charles Ponzi's scheme
- Activists See Biden’s Day One Focus on Environmental Justice as a Critical Campaign Promise Kept
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Senate 2020: In Colorado, Where Climate Matters, Hickenlooper is Favored to Unseat Gardner
- Inside Clean Energy: General Motors Wants to Go Big on EVs
- New York’s Right to ‘a Healthful Environment’ Could Be Bad News for Fossil Fuel Interests
Recommendation
Skins Game to make return to Thanksgiving week with a modern look
California’s Almond Trees Rely on Honey Bees and Wild Pollinators, but a Lack of Good Habitat is Making Their Job Harder
Ray Lewis’ Son Ray Lewis III’s Cause of Death Revealed
Are you struggling to pay off credit card debt? Tell us what hurdles you are facing
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Americans are piling up credit card debt — and it could prove very costly
Will 2021 Be the Year for Environmental Justice Legislation? States Are Already Leading the Way
Kate Spade's Massive Extra 40% Off Sale Has a $248 Tote Bag for $82 & More Amazing Deals