Hiring freeze

Amidst economic uncertainty, Walt Disney Co (NYSE: DIS) is reportedly planning to freeze hiring and cut some jobs. In addition, the media conglomerate has reported its quarterly results with an operating loss of $1.47 billion for its consumer segment.  The revenue for the company's...

Amazon.com, Inc (NASDAQ: AMZN), which had a revenue miss in its third-quarter earnings, is preparing to tighten its belt in the fourth quarter. What Happened: The company’s CFO Brian Olsavsky said the company encountered “moderating sales” and saw foreign currency headwinds in the...