Subscribe to Updates
Get the latest finance and business news and updates directly to your inbox.
Trending
memo
Amazon’s satellite internet chief sent a memo to staff addressing last week’s dramatic Blue Origin rocket explosion, which threatens to disrupt the internet giant’s most important space project.The explosion occurred Thursday during a hot-fire test of Blue Origin’s New Glenn rocket at Cape Canaveral. The rocket erupted into a massive…
“60 Minutes” correspondent Cecilia Vega said Thursday that she was fired and issued a blistering statement in which she accused CBS News of “censorship, both imposed and self-driven.”Vega, who joined the prestigious TV newsmagazine from ABC News in 2023, said her contract wasn’t up until March 2027. The network did…
Longtime “60 Minutes” correspondent Sharyn Alfonsi isn’t leaving the storied news program quietly.Alfonsi, who has clashed with CBS News top editor Bari Weiss, told “60 Minutes” employees on Wednesday that her contract expired over the weekend.”The message could not be clearer: my time at 60 Minutes is apparently over,” Alfonsi…
Paramount Skydance just made a key hire to help advance its AI push. Loading audio narration… Barak Turovsky, who oversaw Google’s AI language product for seven years, is joining David Ellison’s company as the head of consumer AI, product chief Dane Glasgow told tech staffers on Monday afternoon.Turovsky most recently…
Paramount Skydance’s tech chief is stepping down as David Ellison’s digital transformation heats up. Loading audio narration… Phil Wiser, Paramount’s chief tech officer, told his colleagues on Friday morning that he’s leaving at the end of May after seven years with the company.”Writing this and sharing this news is harder…
Cisco is cutting “fewer than 4,000 jobs” as the networking giant restructures its business to focus more heavily on artificial intelligence, according to a memo from CEO Chuck Robbins published Wednesday. Loading audio narration… The layoffs, which affect less than 5% of Cisco’s workforce, come as the company reported stronger-than-expected…
Walmart is cutting or relocating about 1,000 corporate jobs to address redundancies and duplicate roles. Loading audio narration… A spokesperson for the retail giant confirmed the number of roles affected to Business Insider on Tuesday. The Wall Street Journal earlier reported the news.A person familiar with the restructuring said it…
What’s the new normal for a company whose CEO is all in on AI and cutting jobs as a result? Look no further than DeepL’s layoffs memo. Loading audio narration… The German AI translation startup recently cut about 250 employees, over 21% of staff. In his message posted on LinkedIn,…
Cloudflare is laying off more than 1,100 employees as the cybersecurity company says it is reorganizing for the “agentic AI era,” according to a memo sent to staff on Thursday. Loading audio narration… The cuts came hours after the company reported first-quarter earnings that beat Wall Street expectations, though shares…
Delta is canceling hundreds of flights due to crew and scheduling challenges, an internal memo shows
Delta Air Lines is canceling hundreds of flights — far more than its competitors — and its strained scheduling system is largely to blame, Business Insider has learned. Loading audio narration… Since Friday, Delta has canceled about 500 flights, while American Airlines and United Airlines have canceled a combined total…















