Meta Lays Off 11,000 Employees
Meta is firing 13% of its workforce, or 11,000 employees, following its lackluster performance in Q4 that caused its shares to tank by nearly 20%.
Meta is firing 13% of its workforce, or 11,000 employees, following its lackluster performance in Q4 that caused its shares to tank by nearly 20%.
Call it a case of reckless decision-making. Just three days after Twitter laid off 50 percent of its employees, the company is already trying to
Following Stripe, Lyft and Twitter layoffs, the tech industry could have a new CEO to villainize. According to the Wall Street Journal, Meta could begin large-scale layoffs as soon as
In its second round of layoffs, ride-hailing company Lyft plans to slash 13% of its workforce. “We just sent an invitation for everyone to join
Twitter’s offices will remain shut Friday, with the company planning to let go of employees later today. “If you are in an office or on
After spending over a decade at Amazon, Gregg Zehr and Tom Taylor, two high-profile executives, who helped oversee the company’s hardware efforts, have left the
Apple is starting to manufacture its iPhone 14 smartphones in India as it looks to diversify its supply chain and reduce its dependence on China.
Wegmans is shutting down its self-checkout app as it led to rampant shoplifting and amounted to considerable losses. The company first launched its scan-and-go app
Grocery technology company Instacart is expanding its partnership with Lowe’s to offer same-day delivery service during the holiday season. “Lowe’s knows how much this time
Best Buy plans to start selling hearing aid devices with U.S. regulators now allowing the over-the-counter sale of hearing instruments. Three hundred of the company’s