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Layoffs have become the de facto norm in an industry continually pummeled by seismic change. In 2023, news outlets slashed nearly 2,700 jobs — the highest number of cuts to torment the industry ...
3G Capital is a global investment firm and private partnership built on an owner-operator approach to investing over a long-term horizon. [1] Founded in 2004, 3G Capital evolved from the Brazilian investment office of Jorge Paulo Lemann, Carlos Alberto Sicupira, and Marcel Herrmann Telles. 3G Capital is led by Alex Behring, Co-Founder and Co-Managing Partner, and Daniel Schwartz, Co-Managing ...
Updated January 23, 2024 at 11:46 PM. In a move that jolted the journalism industry Tuesday, the Los Angeles Times, one of the leading newspapers in the country, laid off more than 115 journalists ...
Alex Behring. Alex Behring (born 1967) is a Brazilian billionaire businessman. [1] He is a co-founder and managing partner of 3G Capital, a global investment firm known for its investments in Anheuser-Busch InBev, Restaurant Brands International (Burger King, Tim Hortons, Popeyes Louisiana Kitchen, and Firehouse Subs), Kraft Heinz, and Hunter ...
The Los Angeles Times also has undergone layoffs in recent months. The Times cut more than 100 staffers — roughly 20% of the newsroom — in March, citing heavy financial losses.
Daniel Schwartz (born 1981) is an American businessman, executive, and investor. [1] He is currently the Co-Managing Partner of 3G Capital, a global investment firm and private partnership known for its long-term investments in prominent companies such as Anheuser-Busch InBev, Restaurant Brands International (Burger King, Tim Hortons, Popeyes Louisiana Kitchen, and Firehouse Subs), Kraft Heinz ...
Just a few weeks ago, 2022 workforce reductions impacted at least 92,558 known people, per layoffs.fyi. That same data source now says that the number has grown to 134,739 known people, or a 46% ...
Looking at the data on a per-month basis makes it clear that the pace of startup layoffs is accelerating. May is already ahead of April and March results by the midpoint of the month, while March ...