Meta said on Wednesday it will let go of 13 percent of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook.
A former Twitter engineer has accused the company of firing him days after it was acquired by Elon Musk because he developed a tool to allow workers to save.
Unacademy, the Indian online education firm, will cut 10 percent of its workforce due to "harsh economic conditions", the company told employees in a letter on Monday, its second.
Twitter has reportedly invited some of the laid-off staff to come back to the company. Why did Twitter make this decision? Here's the reason New Delhi: A micro blogging.
Twitter's new owner, Elon Musk, said, "Unfortunately, there is no other option but to cut jobs as the company is losing more than $40 million every day." Elon Musk.
Twitter has begun laying off employees under its new owner, Elon Musk. The San Francisco-based social media giant is expected to terminate up to 3,700 people — half of its workforce.
Twitter has fired the majority of its over 200 employees in India as part of mass layoffs across the globe ordered by its new owner Elon Musk who is.
Twitter temporarily closed its offices on Friday after telling employees they would be informed by email later in the day about whether they are being laid off.The move follows.
Mass layoffs are one of the more painful consequences of a looming economic recession, and the high-flying and well-funded tech industry isn't immune.Microsoft Corp. on Monday provided an omen.
JPMorgan and BofA cautious on job cuts as Goldman layoffs loomJPMorgan Chase and Bank of America, the two largest US banks by assets, expressed caution about job cuts in.
Electric truck maker Rivian Automotive will brief employees on Friday on potential layoffs and plans to suspend some programs as part of a broader restructuring, Chief Executive R.J. Scaringe.
Elon Musk, CEO of Tesla, said a 10 percent cut in salaried staff at the electric car maker will happen over three months, as the world's richest man predicted.
Two Web3 firms, BlockFi and Crypto.com have announced lay-offs from their respective companies in the backdrop of the current industry slowdown. While BlockFi, the crypto trading and lending platform.