Current:Home > InvestNBC News lays off dozens in latest bad news for US workforce. See 2024 job cuts so far.-DB Wealth Institute B2 Expert Reviews
NBC News lays off dozens in latest bad news for US workforce. See 2024 job cuts so far.
View Date:2024-12-23 18:32:46
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! (28865)
Related
- Inflation ticked up in October, CPI report shows. What happens next with interest rates?
- Kate Hudson and Goldie Hawn’s SKIMS Holiday Pajamas Are Selling Out Fast—Here’s What’s Still Available
- Bill on school bathroom use by transgender students clears Ohio Legislature, heads to governor
- Pedro Pascal's Sister Lux Pascal Debuts Daring Slit on Red Carpet at Gladiator II Premiere
- A growing and aging population is forcing Texas counties to seek state EMS funding
- Kentucky woman seeking abortion files lawsuit over state bans
- Who is Rep. Matt Gaetz, the Florida congressman Donald Trump picked to serve as attorney general?
- Mega Millions winning numbers for November 12 drawing: Jackpot rises to $361 million
- Atlanta man dies in shootout after police chase that also kills police dog
- Watch a rescuer’s cat-like reflexes pluck a kitten from mid-air after a scary fall
Ranking
- Inside Dream Kardashian's Sporty 8th Birthday Party
- GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
- Kentucky woman seeking abortion files lawsuit over state bans
- Infowars auction could determine whether Alex Jones is kicked off its platforms
- Robert F. Kennedy Jr. has a long record of promoting anti-vaccine views
- Judge sets date for 9/11 defendants to enter pleas, deepening battle over court’s independence
- NFL coaches diversity report 2024: Gains at head coach, setbacks at offensive coordinator
- Patrick Mahomes Breaks Silence on Frustrating Robbery Amid Ongoing Investigation
Recommendation
-
John Robinson, former USC Trojans and Los Angeles Rams coach, dies at 89
-
Detroit Mayor Mike Duggan says next year will be his last in office; mum on his plans afterward
-
Wildfires burn on both coasts. Is climate change to blame?
-
Mike Tomlin's widely questioned QB switch to Russell Wilson has quieted Steelers' critics
-
Panel advises Illinois commemorate its role in helping slaves escape the South
-
Whoopi Goldberg Shares Very Relatable Reason She's Remained on The View
-
Artem Chigvintsev Returns to Dancing With the Stars Ballroom Amid Nikki Garcia Divorce
-
Mega Millions winning numbers for November 12 drawing: Jackpot rises to $361 million