Ubisoft is ceasing game development at its studio, Red Storm Entertainment, best known for its work on the Tom Clancy's series. While the studio is set to remain open, 105 people will be laid off, a Ubisoft source told. Those who survive the cull will reportedly continue to work on the Snowdrop engine, used in many of Ubisoft's tentpole games over the last decade.
According to the club's latest accounts, United's total amount of borrowing sits at a staggering £777million. £295m worth of that is payable within one year. Elsewhere, the Red Devils also owe a further £422m in transfer fee instalments for incoming recruitment. Worryingly, £238m is due within the year. Combined, that puts United's debt at a total of around £1.3billion.
Manchester United chief executive Omar Berrada says the benefits of the club's "off-pitch transformation" is being recognised through improved financial performance - even though the club's debt is now approaching 1.3bn. United have posted an operating profit of 32.6m for the six months to 31 December 2025. This contrasts sharply with a loss of 3.9m for the same period 12 months ago.
Annual results show that pre-tax losses surged to £363.9 million in 2025, up from £289.1 million the previous year, underscoring the significant financial difficulties the company and its stakeholders face. The decline in sales is driven by declining global demand, US import tariffs, and lower-than-expected sales volumes, reflecting broader market pressures that are impacting the company's performance.
According to a January 30, 2026, article in The Wall Street Journal, the popular restaurant chain mandates, "Employees are expected to dine at a Cracker Barrel store for all or the majority of meals while traveling, whenever practical based on location and schedule." This means that after a long day of handling crucial Cracker Barrel business while on the road, employees are then expected to post up at the closest Cracker Barrel restaurant for their meal.
Five months ago, Los Angeles Mayor Karen Bass revealed in her State of the City address that more than 1,600 city workers might have to be laid off to close a $1-billion budget shortfall. On Tuesday, after months of negotiations, Bass stood at City Hall with union leaders and announced that her administration had averted every layoff. "Some people said it couldn't be done, but I am so glad to stand here today and say that we have proved the naysayers wrong," Bass said.
Amorim emphasized the difficulties in managing staff changes while supporting backroom personnel, stating, "It's really hard to understand when to give and when to tell people we are taking their jobs."
Berkeley's decision to cut part-time jobs and halt the waterfront monitor program highlights the city's ongoing struggle with a significant budget deficit, prompting unprecedented layoffs.
DOGE reported that, as of the end of 2023, the Social Security Administration's records included approximately 7 million accounts associated with individuals over 120 years old, suggesting potential inaccuracies in SSA records.