The Writers Guild of America (WGA) announced that its more than 11,000 members would go on strike in response to studio management’s insufficient responses to their proposals.
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General Motors has laid off hundreds of full-time contract jobs, primarily from its Detroit engineering hub, as it strives to cut costs following massive buyouts.
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IBM CEO Arvind Krishna said back-office roles like human resources would be slowed down or halted.
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An overwhelming majority of American Airlines pilots have voted to authorize a strike over pay and other benefits.
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BP, one of the world’s largest oil and gas companies, reported profits of $5 billion (£4 billion) for the first quarter of 2023, despite a decrease from $6.2 billion in the same period last year.
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