meta

American tech giant Hewlett Packard Enterprise has announced plans to layoff thousands of workers over the next three years. Three-year plan Due to declining PC demand which has led to reduced revenues the firm will axe up to…

Tech giants like Meta, Twitter and Amazon are in a free fall in terms of laying off employees. Helping out startups Now, with a programme called ‘Funded Not Fired’, Day One Ventures will write $100,000 checks (over Rs 80…

Amazon India is the latest enterprise to be hit by mass layoffs in view of an impending recession and needing to cut costs. Earlier, other prominent outlets reported that it would be firing as many as 10,000 employees. Some…

IIT-Kharagpur graduate Himanshu V bagged a job with Meta. Caught in the maelstrom He relocated from India to Canada to join them. Unfortunately, he became one of the 11,000 Meta employees who have been laid off. He himself…

He said that many teams are going to shrink so "we can shift energy to other areas." Creating chaos once again, Mark Zuckerberg-led Facebook is rumored to be planning a mass round of "quiet layoffs" within the next few weeks. 12K…

A Meta Platforms Inc (META.O) spokesperson said that the company is setting up a new group that will focus on creating products and features for its Facebook, Instagram and WhatsApp platforms that people will be able to purchase …

The US social media giant Meta Platforms, in its monthly transparency report has stated that there were actions taken against 2.7 crore posts on Instagram as well as Facebook in July. To throw some light on it, there were actions…

Facebook earlier laid off around 60 contract workers. Relying on algorithm to kick people out However it has emerged that they were selected to be fired randomly by an algorithm. This shows that companies are placing more…

First Time Ever, Facebook Reports Decline In Profits: TikTok Is The Main Reason? Meta reported its first revenue decline in history owing to reduced ad spending as the economy falters and competition from rival TikTok intensifies. …

Meta-Owned Facebook Will Hire 30% Fewer Engineers As Drastic Cut On Recruitments Announced: Find Out Why? Meta CEO Mark Zuckerberg shared with his employees that they need to brace for a deep economic downturn. 30% hiring cut The…