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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…)

Harley Davidson Sales Decline, Motorcycle Manufacturer Closing Kansas City Assembly Plant

Harley Davidson Sales Decline

Slumping U.S. motorcycle sales have resulted in more job cuts and a plant closure at Harley-Davidson Inc (NYSE:HOG). The Milwaukee-based motorcycle manufacturer announced it will close its manufacturing plant in Kansas City, Missouri, eliminating around 800 jobs. The company announced its latest restructuring plan after reporting disappointing financial results for fiscal 2017, with worldwide retail (more…)

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National Geographic Partners Trims Workforce, Announces Layoffs

National Geographic Partners Layoffs

National Geographic Partners, the name behind National Geographic magazine and the cable networks, has laid off around a dozen employees, or one percent of its workforce. The company did not say which area the layoffs came from. In a prepared statement, National Geographic Partners said, “As we align our U.S. business with our growth objectives (more…)