Cutting season, past 24h selection:
PayPal cuts 2,500 jobs in the face of rising competition
UPS to cut 12,000 jobs after 'disappointing' year
Comcast's U.K. pay-TV broadcaster Sky to cut 1,000 jobs in move toward streaming
Jack Dorsey's Block implements major layoffs, reduces 10% of workforce amid broader yech industry job cuts
Nasdaq to cut hundreds of jobs