• Amazon plans to lay off another 9,000 employees

    Chief Executive Andy Jassy said in a statement that the company has added a significant number of employees in recent years, a move he defended as necessary given what was happening in Amazon’s business at the time. “Given the uncertain economy we live in, and the uncertainty that exists for the foreseeable future, we have […]

  • Zuckerberg grilled at staff meeting after announcing Meta’s firing

    Meta CEO Mark Zuckerberg was put to the test by staff at a meeting with all hands on Thursday, following the Facebook parent company’s announcement that it would lay off an additional 10,000 employees. According to The Washington Post, employees are said to have asked Zuckerberg how they can trust the company’s leadership after the […]

  • Employee fired at Meta during maternity leave

    Meta Layoffs: Sara Schneider revealed that her maternity leave was cut short due to the layoffs After laying off 11,000 workers last year, Facebook’s parent company, Meta, is now cutting another 10,000 jobs. Many employees affected by the company’s second round of layoffs are now taking to LinkedIn to share their stories. One of those […]

  • Meta is exploring a new social platform that could rival Twitter

    Meta, Facebook’s parent company, is exploring a new social media platform that could potentially rival Twitter as the company remains in turmoil under CEO Elon Musk. “We are exploring a self-contained decentralized social network for sharing text updates,” a Meta spokesperson said in a statement to The Hill. “We believe there is an opportunity for […]

  • Meta is cutting thousands of jobs within days, including teams working on Mark Zuckerberg’s Metaverse

    Technical jobs laid off – including mass layoffs at Meta and Twitter A slew of tech companies have announced cost-cutting measures in 2022, with Amazon, Apple and Google parent company Alphabet all announcing delays or freezes on hiring. For the tech sector, the pandemic boom turned into a post-pandemic crisis, as rising interest rates weighed […]

  • Meta is planning new layoffs similar to last year’s

    Facebook Parental Meta Platforms Inc. META -1.20% plans to announce additional rounds of layoffs in the coming months that would total about the same as last year’s 13% headcount cut, according to people familiar with the matter. The new cuts, the first wave of which is expected to be announced next week, are likely to […]

  • Facebook Parent Meta gives thousands of employees substandard ratings

    Facebook Parental Meta Platforms Inc. META -2.66% gave thousands of employees subpar ratings in a recently completed round of performance reviews, a signal that more jobs may be cut, people familiar with the matter said. The company also cut a bonus metric, the people said, one of many steps senior executives are taking after CEO […]