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meta layoffs

New Meta layoffs to affect thousands more, amid ongoing job cuts!

After experiencing difficult times, the social media juggernaut Meta Platforms Inc (formerly Facebook) has unveiled a new round of restructuring and downsizing initiatives. According to reports, the business is contemplating more conventional cutbacks like reducing projects and positions while focusing on managers in an effort to simplify its management structure. This action follows the company’s …

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Salesforce Layoffs

Salesforce CEO regrets laying off 7,000 Employees on 2-hour call

In a recent development, Salesforce, a technology behemoth of global repute, has announced that it will be laying off approximately 7,000 workers, which corresponds to almost 10% of its total workforce. The rationale behind this massive reduction in personnel has been attributed to the pervasive and intricate macroeconomic conditions present across the world, coupled with …

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Intel's cost-cutting measures Layoffs and their impact on the tech industry

Intel’s cost-cutting measures: Layoffs and their impact on the tech industry

In recent years, Intel, one of the largest tech companies in the world, has implemented a series of cost-cutting measures, including layoffs, in order to improve its financial performance. These measures have had a significant impact not only on the company itself, but also on its employees and the tech industry as a whole. In …

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