Tag: layoffs

Ask Skip breaks down why companies communicate strategy to the market before employees during major moves like layoffs or restructurings. That delay creates a gap where trust erodes, rumors spread, and teams slow down because they don’t have enough context…

Disney is cutting about 1,000 jobs across marketing, studios, ESPN, and corporate functions as part of CEO Josh D’Amaro’s push to unify operations under a centralized model . The layoffs remove overlapping roles created by consolidating global marketing, aiming to…

Sony Pictures is laying off several hundred employees across its film, TV, and corporate units as it restructures under CEO Ravi Ahuja and shifts resources toward higher-priority businesses like anime, Crunchyroll, and PlayStation adaptations. The move shows Sony's narrowing its…

Epic Games cut more than 1,000 employees and is targeting $500 million in cost reductions as CEO Tim Sweeney ties the move to declining engagement in Fortnite. Lower player frequency and session time are reducing in-game spending, creator activity, and…

Skip examines a Netflix exec's recent claim that Paramount’s $6B in projected merger synergies are “code for job cuts,” arguing the framing is designed for regulatory and competitive impact rather than financial precision.

Vimeo has laid off a large portion of its workforce following its acquisition by Bending Spoons, marking the company’s second round of cuts in less than a year. Though exact numbers weren't disclosed, multiple staff, including senior leadership and product…

Ask Skip breaks down the fallout from Omnicom's expected 4,000 layoffs post-IPG merger, framing it as a structural collapse of the full-service agency model. Skip outlines four brutally honest paths forward—going brand-side, building an indie hustle, pivoting into content/streaming, or…

Ask Skip confronts the tough state of the media industry, layoffs, mergers, and AI upheaval, with a reminder of what still matters. Despite the chaos, Skip argues that talent, honest audience feedback, real brands, and scrappy leadership remain key assets.…

Xperi is cutting 250 jobs as part of a major restructuring to streamline operations and pivot toward its connected TV platform, TiVo OS. The move follows the end of TiVo DVR manufacturing and reflects Xperi’s growing focus on ad-supported CTV,…

Ask Skip tackles the post-layoff confusion plaguing many media orgs, pointing the finger squarely at failed leadership. Skip argues that when Wall Street shifted from chasing growth to demanding profit, most execs panicked, spinning up re-orgs, bundles, and pricing changes…