YouTube Lays Off 100 Staffers

The iconic Gladiators is back, and the revival has introduced a new generation of contenders to a formidable team of powerhouses. Among them is Matt Morsia, known for his success as a fitness influencer on YouTube. Matt, who started as a PE teacher in 2017, made a bold decision to drop a day of teaching to focus on his YouTube channel, a move that ultimately paid off.

Nintendo CEO Satoru Iwata.Iwata was president of Nintendo from 2002 until his death in 2015 and oversaw both the Nintendo DS and the Wii.However, he was also CEO during the turbulent Wii U era of Nintendo, which was considered a flop by many. Following the failure, he took a 50 per cent pay cut while other executives reduced their salaries by 20 per cent.Speaking about the decision in 2013, Iwata said: “If we reduce the number of employees for better short-term financial results, employee morale will decrease.

The Obie Awards, the venerable honors for outstanding Off Broadway and Off Off Broadway productions, is doing away with its annual ceremony and will instead use the funds to provide winners with grants ranging from $1,000-$5,000.

Microsoft is laying off about 1,900 people in its gaming division following the closing of its acquisition of Activision Blizzard.

Palworld could be coming to PlayStation soon, per a post on X (formerly Twitter) from PlayStation head of indies Shuhei Yoshida.Yoshida replied to a post which asked for the team to “support SIE [Sony Interactive Entertainment] so that the PS5 version can be released as soon as possible”.Yoshida tagged the development partner at PlayStation in the reply, writing “Yes”.Previously, the community manager of Palworld posted that the title “won’t be on PlayStation” and will only be available on “Xbox and Steam“. However, on January 21 the community manager posted on X to state that Palworld may still come to PlayStation.“The above post said Palworld may release on PS4, PS5, Xbox or PC.

UPDATE: The layoffs of more than 20% of the Los Angeles Times newsroom elicited sharp criticism from the guild, saying that it was handled in a “brutal and inhumane way.”

Gene Maddaus Senior Media Writer The Los Angeles Times announced Tuesday that it is laying off 115 staffers, as billionaire owner Patrick Soon-Shiong looks to stem losses that have grown to $30-$40 million a year. The layoff figure includes both union members and non-union managers. Matt Pearce, a Times reporter and president of Media Guild West, said on X that 94 union staffers were being let go, which he said was “devastating” but less than the number expected a week ago.

The tech sector’s tough times continue. Riot Games, the video game developer behind the popular League of Legends and Arcane, the Netflix series on which it is based, is laying off about 530 staffers worldwide in a move its CEO described as a “decision [that] is critical for the future of Riot.”

EXCLUSIVE: Apple TV+‘s Kids operations underwent layoffs today. The cuts impacted eight people across music, production, development, a fraction of the overall staff involved in kids content, Deadline has learned.

So, here we are in mid-January, and though we’re staring down the barrel of a tough year ahead, it’s not all wintry doom and gloom on an international box office (and combined global) level. 

Anna Wintour kept her trademark dark sunglasses on even as she was delivering bad news to Pitchfork staffers, one writer that was part of the purge complains.

Todd Spangler NY Digital Editor Sports Illustrated has been hit with mass layoffs — which will potentially eliminate the entire editorial team of the nearly 70-year-old sports media brand. The union that reps SI’s editorial workers, which is affiliated with the NewsGuild of New York, said in a post on X that on Friday staff members of Sports Illustrated were notified that its parent company, the Arena Group, “is planning to lay off a significant number, possibly all, of the Guild-represented workers at SI, a result of Authentic Brands Group (ABG) revoking Arena’s license to publish SI.” In 2019, Authentic Brands Group purchased Sports Illustrated from Meredith for $110 million (before Meredith was acquired by IAC’s Dotdash).

Todd Spangler NY Digital Editor Anna Wintour, Condé Nast’s longtime fashion doyenne, is famous for a singular style trademark — her sunglasses. Indeed, Wintour didn’t take off her sunglasses the entire time she met with employees of Pitchfork this week to tell them they were losing their jobs after Condé Nast had decided to subsume the music criticism site into GQ, according to one now-former employee in attendance.

Todd Spangler NY Digital Editor Scripted TV output in the U.S. dropped sharply in 2023, thanks to a combination of twin Hollywood strikes and a pullback on content spending, according to a new study from research firm Ampere Analysis.

Todd Spangler NY Digital Editor Tubi CEO Anjali Sud, the former chief exec of Vimeo who started at the Fox Corp.-owned free TV streaming service last year, has tapped her former lieutenant at Vimeo, Courtney Sanchez. Sanchez, who has more than 20 years of experience in media and tech, joins Tubi as chief strategy officer and EVP of operations. She worked at Vimeo, the video-hosting platform, from 2014-22 and most recently served as COO, where she helped the company go public.

HBO‘s The Last Of Us adaptation has ruled out the return of Bill and Frank in season two – see what he had to say below.Speaking to Deadline Hollywood at HBO’s post-Emmys party earlier this week, Mazin laid to rest actor Nick Offerman’s previous teasing that a spin-off series focusing on Bill and Frank’s relationship, which was condensed into a singular but critically acclaimed episode in season one.“It certainly has been pitched,” Offerman said after winning a Creative Arts Emmy last week. “I think we pitched a whole mini-series of a prequel of their lives before they met each other.

YouTube is the latest tech division to feel the layoff pain. The company will eliminate 100 employees, a spokesperson confirmed todayto TechCrunch.

Todd Spangler NY Digital Editor Disney CEO Bob Iger saw his compensation hit $31.6 million in 2023 — down from $45.9 million in 2021, his last prior full year of employment at the company. Iger’s 2023 pay package included $865,385 in base salary, plus 16.1 million in stock awards, $10 million in stock-option awards, $2.14 million cash bonus and $2.48 million in other compensation, according to the company’s proxy statement filed Tuesday with the SEC. His contract with Disney runs through the end of 2026.

Taylor Tomlinson is gearing up for the premiere of her new, late-night show After Midnight on CBS on Tuesday night.

Jem Aswad Executive Editor, Music After weeks of rumors, Universal Music Group has confirmed that it will be laying off an unspecified but significant number of employees in the coming weeks. The company’s recorded-music division is said to be receiving the brunt of the layoffs.