Layoffs at ESPN could affect close to 100 employees: 'Around 50 names you will recognize'
In a message sent Wednesday to ESPN employees, network president John Skipper announced the company was beginning its next round of layoffs, a long-anticipated move that is expected to thin the ranks of ESPN's on-air and online talent.
Coca-Cola to slash 1,200 jobs after a challenging first quarter
Coca-Cola's first quarter lacked a whole bunch of fizz, and incoming CEO James Quincey is wasting no time to try and protect the bottom line. Quincey told analysts on a conference call Tuesday that Coca-Cola would soon slash 1,200 jobs as part of a new $800 million cost savings plan.The news comes after the company posted tepid 2017 first quarter results.
Revcontent acquires Rover for better content recommendation tech
Revcontent, a self-funded company powering content recommendations for publishers like Forbes and The Atlantic, has acquired Rover. That's not Rover the pet-sitting marketplace, but rather the content discovery app formerly known as Flipora and Infoaxe. CEO John Lemp told me that Revcontent is paying "north of $30 million" in cash and stock for the acquisition, which he described as an investment in better content recommendations.
Albuquerque isn't the only place where the thin blue line is thinner than it should be. Officials from Portland, Ore., to Philadelphia have said their departments are in dire straits because of a shortage of officers.