Tag Archives: Layoffs

Meta abandons its Portal smart displays and smartwatch project following mass layoffs

Meta is laying off more than 11,000 employees It’s the first mass layoffs in the company’s history. K. Bell @karissabe   NOAH BERGER via Getty Images Meta is reducing the size of its workforce by about 13 percent and letting more than 11,000 of its employees go in the first mass layoffs in the company’s … Continue reading Meta abandons its Portal smart displays and smartwatch project following mass layoffs

Google Trends Shows Online Interest In Tech Layoffs Skyrockets

Google Trends Show Online Interest In Tech Layoffs Skyrocket by Laurie Sullivan  @lauriesullivan, November 18, 2022 Analysis of Google search data reveals that online searches for tech layoffs in the United States rose 1,300% in November — the day when Twitter, Meta, and other large tech companies announced they would be laying off thousands of … Continue reading Google Trends Shows Online Interest In Tech Layoffs Skyrockets

Meta will reportedly announce ‘large-scale’ layoffs next week

Twitter warns employees that layoffs are happening Friday The cuts come only a week after Elon Musk took over the company. K. Holt @krisholt   Carlos Barria / reuters Twitter will reportedly begin laying off workers on Friday, only a week after Elon Musk officially took control of the website. Around half of the company’s … Continue reading Meta will reportedly announce ‘large-scale’ layoffs next week

Former Twitter CEO Jack Dorsey says company-wide layoffs are his fault

Elon Musk has begun his takeover of Twitter Twitter could change dramatically under Musk’s leadership. K. Bell @karissabe   Dado Ruvic / reuters After months of legal drama, Elon Musk has begun his takeover of Twitter, according to The Wall Street Journal and The Washington Post. His first move was to fire CEO Parag Agrawal, Chief … Continue reading Former Twitter CEO Jack Dorsey says company-wide layoffs are his fault

Tech layoffs latest: Twitter, Lyft, Stripe, and others join the list of companies cutting jobs

  By Michael Grothaus November 04, 2022 The nonstop drama that’s been going on at Twitter all week is ending on a very real, very sour note. Today, Elon Musk’s company began sending layoff notices to roughly 50% of Twitter staff. As Bloomberg reports, at 7,500 employees (November 26, 2022), that means Musk is set … Continue reading Tech layoffs latest: Twitter, Lyft, Stripe, and others join the list of companies cutting jobs

Twitter employees warn Musk mass layoffs would be ‘reckless’

Elon Musk reportedly wants to lay off most of Twitter’s employees The site could see more than 5,000 employees put out on the street. A. Tarantola @terrortola   NurPhoto via Getty Images Twitter is gearing up for layoffs no matter whether Elon Musk purchases the company, which could happen as soon as this Friday, according … Continue reading Twitter employees warn Musk mass layoffs would be ‘reckless’