“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,” a spokesperson for the Mountain View, California-based company said in a statement. “Some teams are continuing to make these kinds of organisational changes, which include … Read more
Amazon.com’s live-streaming site Twitch is poised to cut 35 per cent of its staff, or about 500 workers, according to people familiar with the plans, the latest in a series of job reductions there. The cuts, which could be announced as soon as Wednesday, come amid concerns over losses at Twitch and after several top … Read more
Suncor Energy Inc.’s share price jumped Wednesday as the company reported its fourth quarter oil output was its second-highest quarter ever. The Calgary-based company announced upstream production in the fourth quarter of 2023 of 808,000 barrels per day. With the strong fourth-quarter output, Suncor said it has met its corporate forecast provided in November 2022 … Read more
Heritage Minister Pascale St-Onge says she wants the role of public broadcaster CBC/Radio-Canada redefined before the next federal election. In a year-end interview with The Canadian Press, St-Onge said now is the time to update its mandate, to hedge against a possible change in government. She said the Liberal government believes a strong public broadcaster strengthens democracy and promises to keep … Read more
Hasbro said on Monday it would cut another 900 jobs globally, nearly a year after the toymaker announced it would reduce 15 per cent of its workforce amid weaker sales. Hasbro had said in January it would cut about 1,000 full-time positions. On Monday, the company said it had already cut 800 jobs. Hasbro had employed … Read more
