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Meta to begin laying off another 11K employees in multiple waves next week
Meta (formerly Facebook) looks all set to lay off another 13 per cent, or roughly 11,000 jobs, in i…
Meta gives thousands of workers 'subpar' performance ratings, more layoffs likely
Meta (formerly Facebook) has reportedly given thousands of employees "subpar ratings" in a latest r…
30-40% of laid off techies in the US are Indians, most on H-1B and L1 visas
According to The Washington Post, nearly 200,000 IT workers have been laid off since November last …
PTI
Facebook-parent Meta planning massive layoffs: Report
After mass layoffs at Twitter, it is another Big Tech company's turn as the Mark Zuckerberg-led Met…
No hirings, more layoffs soon: Mark Zuckerberg to employees
Meta Founder and CEO Mark Zuckerberg has made it clear that the social network is freezing hiring a…
Meta's layoffs are affecting customer service and leaving influencers and businesses on Instagram and Facebook in the lurch, report says
Meta's mass layoffs have affected over 20,000 employees, including staff on its client support and …
Sawdah Bhaimiya
Facebook has announced layoffs. Here's which teams are likely to be affected.
Facebook has announced it is laying off 11,000 staffers. Here's which teams are likely to be affect…
Jordan Parker Erb
2 lakh techies lost jobs in 2023, more to come
The year 2023 has become the worst year for tech employees as nearly 2 lakh tech employees -- from …
Facebook moves to 'desk sharing' for in-office employees as layoffs and cost-cutting continues
Mark Zuckerberg said Facebook is reducing its office space and employees working remote most of the…
Kali Hays
Meta plans to operate 'leaner, meaner, better executing teams' as it prepares for slower growth for the rest of the year, according to an internal leaked memo
Meta's chief product officer warned in an internal memo that the company faces 'fierce' headwinds h…
Samantha Delouya
A New York City Airbnb host was shut down under the short-term rental law. He's now renting his basement illegally on Facebook and making crucial income after he was laid off.
A couple in Astoria, Queens, rented out their basement on Airbnb for years. New city regulations ha…
Eliza Relman
Facebook’s parent company Meta is doing layoffs again. But there’s one ‘safe’ team that could actually benefit from the job cuts.
In today's edition: Google is looking less perky, how to watch the Lyrid meteor shower, and more he…
Diamond Naga Siu
Facebook extends its broad hiring freeze indefinitely amid mass layoffs and a new wave of frugality
The company has frozen most of its hiring since May, and this freeze has been extended for the thir…
Kali Hays
Facebook-backed Meesho lays off 150 employees in restructuring of grocery business
Facebook-backed ecommerce company Meesho has laid off 150 employees from its grocery business, whic…
Meta stock climbs as the Facebook parent reportedly joins Twitter and other tech firms with massive layoff plans
Meta joins Twitter, Amazon, Lyft, Stripe and other tech companies that are adjusting their workforc…
Phil Rosen
12,000 Facebook employees, 15% of its workforce, may lose jobs amid 'quiet layoffs': Report
According to a report in Insider, the senior executives are in the process of executing "quiet l…
An ex-Facebook manager says she got Meta's layoff email at 5.35 a.m. while on maternity leave
"This hit me hard as I'm currently out on maternity leave," said Anneka Patel, a manager at Faceboo…
Marielle Descalsota
From layoffs to hiring freezes, here's how companies like Amazon and Walmart are preparing for what could be a 'seismic shift' coming to the economy
After a robust year of economic recovery when Americans spent big and there were more than enough j…
Juliana Kaplan,Jason Lalljee
Meta's latest round of layoffs will hurt productivity and damage employee morale
Cuts at the parent of Facebook, Instagram, and WhatsApp are beginning a month after Meta's CEO, Mar…
Rebecca Knight,Tim Paradis
The 6 big takeaways from Mark Zuckerberg's lengthy layoffs post
Meta is shrinking, investing in AI, and creating an "optimal ratio of engineers" compared to other …