by Beth Holmes | Feb 6, 2023 | Companies, News
HarperCollins Publishers announced they’ll be cutting approximately 5% of their workforce, a day before negotiations open with their striking union. The statement released Tuesday by the publishing giant cites low sales and rising costs in the industry, just as...
by Admin | Oct 5, 2020 | Companies, News
March of this year saw the Disney parks close, one by one, all over the world. In May, the company reported that their second quarter revenue, the majority of which comes from the parks, was down from $5.4 billion in 2019 to a mere $475 million in 2020. Still a...
by Admin | Jul 20, 2020 | News
The Shakespeare Theatre Company, based in Washington, D.C., is one of the most iconic theatre companies in the United States, despite its small size. With only 116 permanent staff and a rotating cast of actors and other talent, The STC is rich with awards, history,...
by Admin | Dec 12, 2018 | Companies, News
For much of the 20th century, General Motors was one of the most stable and successful companies in the United States. You’d see GM cars on every road in America, and the company’s production plants were thriving from coast to coast. The company earned money—and...
by Admin | Apr 28, 2017 | Companies, News
Pressure to cut costs has caused the world’s two largest airplane makers—Boeing and Airbus—to make an emergency landing. Both companies have done layoffs and are planning to do more amid reduced demands for airplanes and the need to reduce production costs. Boeing...
