Meta would be preparing a new round of job cuts, according to Financial Times, which points out the delay of the multinational in the preparation of budgets for various teams in this context.
According to two Meta employees familiar with the situation, a lack of clarity about future budgets or…
Read More...
Browsing Tag
layoffs
Disney announces the layoff of 7,000 employees
The US leisure and entertainment giant The Walt Disney Company has decided to cut 7,000 employees, representing 3.6 percent of its workforce, all in an effort to improve its profit margins.
This was announced this Wednesday by the…
Dell announced the layoff of 6,500 workers
The wave of layoffs in technology reached the manufacturer Dell, in Texas, which announced on Monday the reduction of 5 % of its workforce.
According to the vice president of Dell, Jeff Clarke, the company in the technology area, the…
PayPal will reduce its workforce by 7 %
The president and director in charge of PayPal, Dan Schulman, announced that the payment platform will lay off some 2,000 workers, which represents 7 % of its workforce.
With this measure, PayPal joins the massive wave of layoffs that…
Massive layoffs among US tech giants continue
The massive job cuts among the big US technology companies have gained new intensity in the last week, after the announcement of thousands of layoffs by Microsoft and Google, and the communication of the departure of thousands of workers…
Amazon plans to lay off 10,000 employees
US e-commerce giant Amazon is considering job cuts among its corporate and tech workforce of up to 10,000 employees, sources close to the company said.
According to the media, the layoffs will focus on the company's device area, which…
Meta announces the dismissal of 11,000 employees
Meta, owner of Facebook, Instagram and WhatsApp, decided to cut 11,000 employees, which represents 13 % of its workforce, and freeze hiring until the first quarter, as announced by the company's CEO, Mark Zuckerberg, in a statement sent to…
Meta prepares massive layoffs
Meta, the company that owns Facebook, WhatsApp and Instagram, is carrying out a massive layoff plan that will notify thousands of its workers this Wednesday, according to various news media.
The mass layoff at the tech giant, which has…
Elon Musk would fire a large part of the staff of Twitter
Tesla and SpaceX CEO Elon Musk has told Twitter investors that he plans to cut nearly 75 % of the social network's staff if he ultimately takes control of it, multiple media outlets reported.
Specifically, the tycoon expects to lay off…
Snapchat will cut 20 % of its workforce to save costs
Snapchat announced this week a 20 % reduction in its workforce, of approximately 6,400 workers. The measure seeks to reduce costs and address poor performance during the current quarter.
In statements to Bloomberg, the platform indicated…
Coinbase Announces Wave of Layoffs at Company
The cryptocurrency exchange Coinbase announced that it will reduce its workforce by 18% in order to reduce operating costs.
The economy in general has been hit hard in recent months, especially the cryptocurrency sector, which has meant…
Exxon Mobil faces heavy losses
The crisis that has been dragging the oil company Exxon Mobil since 2013 worsens and reaches losses, during the third quarter of 2020, of about 680 million dollars.
As if this were not enough, the oil company has laid off a high percentage…