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Rackspace Layoffs 2018: Workforce Streamlining to Cut About 100 Jobs in San Antonio, TX

Rackspace Layoffs 2018

Rackspace Hosting, Inc., a managed cloud computing company based in San Antonio, Texas, has initiated job cuts. The Rackspace layoffs in 2018 will impact fewer than 100 of its 6,700 employees, although the exact number has not yet been disclosed by the company. These Texas layoffs are part of Rackspace’s restructuring plans. “Rackspace operates in the fast-changing (more…)

Alcon Entertainment Layoffs: Blade Runner 2049’s Underperformance at the Box Office Leads to Restructuring

Alcon Entertainment layoffs

Alcon Entertainment LLC, an American film production and finance company, recently announced layoffs to recover from its losses and to streamline and consolidate its operations. The news came after the company was hit with significant losses due to the underperformance of Blade Runner 2049 at the box office. Though the exact number of Alcon Entertainment (more…)

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Newsweek Layoffs: Reporter and Editors Who Reported on Employer’s Legal Troubles Are Fired

Newsweek Layoffs

Monday started with layoffs at weekly magazine Newsweek. Johnathan Davis, the co-founder of Newsweek Media Group, ordered the firing of editor Bob Roe; his deputy editor, Ken Li; and reporter Celeste Katz–all involved in covering the company’s legal troubles. Two other reporters, Josh Saul of Newsweek and Josh Keefe of the International Business Times, both (more…)