Google cuts about 200 staff in global business unit: Report

Google cuts about 200 staff in global business unit: Report

Google on Tuesday cut about 200 jobs across its global business unit, which is responsible for sales and partnerships, The Information reported on Wednesday, citing a person with knowledge of the situation. Big Tech players have been redirecting spending towards data centers and AI development, while scaling back investments in other areas. The company told […]

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Amazon to Meta: Why big tech companies are laying off employees, slowing hiring

Amazon to Meta: Why big tech companies are laying off employees, slowing hiring

Silicon Valley’s tough times continue with Amazon expected to announce job cuts that could impact close to 10,000 employees. Amazon’s layoffs come after other major tech companies, such as Meta, Twitter, Snap, and Microsoft, have already enforced job cuts. Companies such as Apple have also announced a slowdown in hiring. The biggest technology companies are […]

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16 weeks base pay, immigration help: Mark Zuckerberg’s message to Meta employees after layoffs

16 weeks base pay, immigration help: Mark Zuckerberg’s message to Meta employees after layoffs

Meta Wednesday announced it will let go of more than 11,000 employees or 13 per cent of its total workforce, in one of the biggest layoffs in the US this year. In a blog post posted on the company’s official newsroom, Meta CEO and co-founder Mark Zuckerberg said, “I want to take accountability for these […]

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Meta will begin laying off employees on Wednesday morning: Report

Meta will begin laying off employees on Wednesday morning: Report

Meta Platforms Inc will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday, the Wall Street Journal reported. Zuckerberg appeared downcast in Tuesday’s meeting and said he was accountable for the company’s missteps and his overoptimism about growth had led to overstaffing, the report added, citing people […]

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