LONDON, ENGLAND - APRIL 16: The British Broadcasting Corporation logo is displayed above the main entrance to the BBC's Broadcasting House on April 16, 2026 in London, England. On Wednesday BBC staff were told to expect around 1,800-2,000 jobs to be cut, as the network struggles to lower costs by 10% over the next three years. The BBC's interim director-general Rhodri Talfan Davies has said the BBC is facing "significant financial pressures" as it juggles high production costs against a fall in income, amid a rapidly changing media landscape. (Photo by Leon Neal/Getty Images)

The screens showing the Korea Composite Stock Price Index (KOSPI), the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank, in Seoul, South Korea, Thursday, April 16, 2026. (AP Photo/Lee Jin-man)

A dealer stands near the screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank, in Seoul, South Korea, Thursday, April 16, 2026. (AP Photo/Lee Jin-man)

Dealers talk near the screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank, in Seoul, South Korea, Thursday, April 16, 2026. (AP Photo/Lee Jin-man)

(FILES) French fashion and luxury conglomerate Kering newly appointed chief executive Luca De Meo speaks during the group shareholders' meeting, at Kering headquarters in Paris, on September 9, 2025. French luxury group Kering vowed on April 16, 2026 to "reignite desirability" of its flagging Gucci label, once the jet set's most coveted brand, as it seeks to turn around its financial performance. (Photo by Thomas SAMSON / AFP via Getty Images)

(FILES) This picture taken on December 19, 2017 shows a logo outside the fashion house and luxury goods Gucci shop on the Avenue Montaigne in Paris, ahead of Christmas. French luxury group Kering vowed on April 26, 2026 to "reignite desirability" of its flagging Gucci label, once the jet set's most coveted brand, as it seeks to turn around its financial performance. (Photo by STEPHANE DE SAKUTIN / AFP via Getty Images)

Jonathan Dos Santos, CGT union representative addresses media at the Stellantis multinational car manufacturer's plant in Poissy, west of Paris, on April 16, 2026. Automaker Stellantis will cease automobile production at its historic Poissy plant (Yvelines) after 2028. The site will be converted into a parts manufacturing and vehicle dismantling center, retaining 1,000 of the current 2,000 jobs, the group announced on April 16, 2026. (Photo by Simon Wohlfahrt / AFP via Getty Images)

TOPSHOT - Recruiters from clothing factories look for labourers skilled in making clothes on a street in an urban village in Guangzhou, on southern China's Guangdong province on April 16, 2026. (Photo by Jade GAO / AFP via Getty Images)