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Search results for "Layoff"

Netflix takes drastic action as stock plunges 40%, cuts 1,000 jobs

Netflix takes drastic action as stock plunges 40%, cuts 1,000 jobs

Layoffs affect 6% of workforce, the biggest reduction since 2022, as company moves to protect profitability
Falling viewing time and intensifying competition make breakthrough urgent Netflix, the world’s largest video streaming company, will cut about 6% of its workforce as it responds to slowing growth and subscriber departures.
| James choi
Four Keywords That Capture 〈Possible Love〉

Four Keywords That Capture 〈Possible Love〉

Over roughly 30 years, Korean master filmmaker Lee Chang-dong has made just seven films, yet his imprint on Korean cinema remains immense. Lee Chang-dong returned after eight years with 〈Possible Love〉, a drama about what happens when a laid-off worker couple and a wealthy documentary-director...
| Seongchan Eol
[Global Issues] Elon Musk in a Corner…X Loses Advertising Lawsuit, Stills Rolls After Cannabis-Joke Verdict and Layoffs

[Global Issues] Elon Musk in a Corner…X Loses Advertising Lawsuit, Stills Rolls After Cannabis-Joke Verdict and Layoffs

A total loss in the X advertising lawsuit could cut revenue by half… And now, the stock-manipulation jury verdict—read as a jab using a cannabis slang number—plus large-scale layoffs pile on
Elon Musk, Antitrust Lawsuit in Jeopardy…X falls into free fall Elon Musk ultimately lost an antitrust lawsuit he filed over a massive advertising boycott triggered after his acquisition of the social media platform X .
| James choi
Sylvester Stallone Stars in 'Tulsa King 4', Controversy Over Mass Layoffs of 26 Staff Just Before Filming

Sylvester Stallone Stars in 'Tulsa King 4', Controversy Over Mass Layoffs of 26 Staff Just Before Filming

Including Emmy-nominated stunt coordinator... Industry concerns grow over production proceeding without a showrunner
The Paramount+ drama 'Tulsa King' Season 4, starring Sylvester Stallone, has begun production, but just a week before filming was set to start, 26 staff members were laid off without warning, causing a major controversy in Hollywood.
| Yangsimoh
Paramount-Warner merger clears final hurdle, stocks jump 10% on 2 trillion won twist

Paramount-Warner merger clears final hurdle, stocks jump 10% on 2 trillion won twist

Settlement of antitrust lawsuits by 12 states puts deal on track to close within two weeks, with conditions requiring 30 releases a year and editorial independence
Paramount-Warner merger enters final countdown Deal settles antitrust lawsuits with $1. 5 billion film investment over five years and a requirement to release 32 films by the 30th of this month The birth of a media giant poised to reshape Hollywood has finally entered its countdown.
| James choi
[Photo &] “Audience response matters more than awards”: Lee Chang-dong returns in triumph with Silver Lion after 24 years — audiences can see it in theaters first on the 23rd

[Photo &] “Audience response matters more than awards”: Lee Chang-dong returns in triumph with Silver Lion after 24 years — audiences can see it in theaters first on the 23rd

Global Netflix exclusive release on Nov. 6 Seol Kyung-gu and Jeon Do-yeon, Jo In-sung and Jo Yeo-jeong portray couples from different worlds: “Money and class can take away a person’s value”
A preview screening and press conference for director Lee Chang-dong’s new film ‘Possible Love’ took place on the 21st at ‘CGV Yongsan I’Park Mall’ in Yongsan-gu, Seoul. Lee, who achieved a landmark feat 24 years after winning the ‘Silver Lion’ at the 83rd ‘Venice International Film Festival’, said...
| James choi
Not the Golden Lion, but enough: Lee Chang-dong wins Venice Grand Jury Prize after 24 years

Not the Golden Lion, but enough: Lee Chang-dong wins Venice Grand Jury Prize after 24 years

Possible Love, about mass layoffs at a major corporation, opens in theaters on the 23rd and arrives on Netflix on Nov. 6
Lee Chang-dong, a master of South Korean cinema, won the Venice International Film Festival's second-highest honor, the Grand Jury Prize, for his new film Possible Love at the festival's 83rd edition. The award marks a welcome return to Venice 24 years after he won the Best Director prize for Oasis...
| James choi
Lee Chang-dong’s ‘Possible Love’ wins U.S. Auteur Award, first Korean recipient; global release set for November

Lee Chang-dong’s ‘Possible Love’ wins U.S. Auteur Award, first Korean recipient; global release set for November

Invited to the Spotlight program at the 49th Mill Valley Film Festival, the film opens early in South Korea on Nov. 23 Also invited to the competition at the 83rd Venice Film Festival, with a star-studded cast including Seol Kyung-gu, Jeon Do-yeon and Jo In-sung
Master filmmaker returns with all-star ensemble, moving from Venice to San Francisco Lee Chang-dong, a master of Korean cinema, has once again demonstrated his singular artistry on the global stage with ‘Possible Love’, his latest Netflix original film.
| James choi
‘Legend of Aang: The Last Airbender’ Leaked—New Movie Scandal Raises a Critical Question: Will the Full Runtime Hit the Web Before Release?

‘Legend of Aang: The Last Airbender’ Leaked—New Movie Scandal Raises a Critical Question: Will the Full Runtime Hit the Web Before Release?

Claims of an internal security incident at Nickelodeon… Key scenes, including unfinished animation, were exposed A major blow that came right after Paramount+ was confirmed following the cancellation of the theatrical run -
An unprecedented incident occurred in which the full runtime of the animated movie 'Legend of Aang: The Last Airbender' (Avatar: Aang, The Last Airbender) was leaked online. With the leak breaking months before release, the production company and fans alike were left in shock.
| Yangsimoh
‘High Sugar Content’ Special Supporting Cast Jang Ri-woo, Jung Soon-beom, Yang Mal-bok's High-Concentration Performance!

‘High Sugar Content’ Special Supporting Cast Jang Ri-woo, Jung Soon-beom, Yang Mal-bok's High-Concentration Performance!

A family’s fake funeral business to fund their nephew’s medical school tuition with the father’s funeral money is depicted in the family tragicomedy 〈High Sugar Content〉, the feature debut of emerging director Kwon Yong-jae.
This year-end, the family tragicomedy 〈High Sugar Content〉 that will captivate theaters introduces actors Jang Ri-woo, Jung Soon-beom, and Yang Mal-bok, who add astringency and sweetness to the story with their high-concentration performances.
| Joo Seong-cheol