Facebook-Parent Meta Platforms is Planning a Fresh Round of Job Cuts in a Reorganization and Downsizing Effort That Cold Affects of Workers, The Washington Post Reported on Last year, the social media Company Let Go 13 Percent of its Workforce – More Than 11,000 Employees – as it Grappled With SORING COSTS and A Weak … Read more
Meta Platforms on Wednsday Carriad Out Another Round of Job Cuts, This Time Hitting Engineers and Adjacent Tech Teams, as Chief Executive Mark zuckerberg Further moved to streamline the business in a bid to make 2023 a “year of efficiency.” Meta in March Became the First Big tech Company to Announce a Second Round of … Read more
Reddit Said on tuesday it is laying off about 5 percent of its workforce, or 90 employers, joining a list of technology companies that have been america. Tech Companies Including Meta Platforms Have Been Slashing Jobs after aggressively hiring during the pandemic, as the industry braces for an economic down. Meta, The Owner of FacebookSlashed … Read more
Samsung Electronics Co. Is Laying Off Workers in Southeast Asia, Australia and New Zealand as Part of a Plan to Reduce Global Headcount by Thousands of Jobs, According to People Familiar with the Situation. The Layoffs Block Affect About 10 Percent of the Workforces in that that Markets, Although the Numbers for Each Subsidiary May … Read more
Meta reportedly MainTains Secretive Lists of Former Employees who are prohibited from returning to the company. Some who have reapplied were also coursed by their former manners, only to be ghosted after recruiters found they were on a mysterious “ineligible for rehire” list. Former Employees are not told when they are added to such lists; … Read more
Advanced Micro Devices is Laying Off Four Percent of its Global Workforce, or About 1,000 Employees, AS It Directs Efforts towards development Nvidia. Amd Is Regarded as the Closest Rival to Nvidia in the Lucrative Market for Chips That Form The Brains of Complex Data Centers Openai’s Chatgpt. “As a part of aligning our resources … Read more
The Trump Administration has fired a number of National Science Foundation Employees Who Had Been Handpicked for his Expertise in Ai, Threating the agency’s ability to sustain key ai resarch, Bloomberg Reported. One of the affected departments inside NSF, Called The Directorate for Technology, Innovation, and Partnerships, was instrumental in funneling government grants focused on … Read more
On February 27, there was a big news of relief for Infosys. The company has got a clean chit of the government in the trinity retrenchment case. The Labor Department of the Government of Karnataka said on February 27 that no labor law has been violated in the trinity retrenchment case. He made this statement … Read more
The tech layoff wave continued through 2024. Following significant workforce reductions in 2022 and 2023, 2024 saw more than 150,000 job cuts across 542 companies, according to independent layoffs tracker Layoffs.fyi. Large companies like Tesla, Amazon, Google, TikTok, Snap, and Microsoft conducted sizable layoffs in 2024, while smaller-sized startups also experienced cuts, and in some … Read more
Commercetools – A “Headless Commerce” Platform That Provides APIS APIS to Companies Building Online Storefronts – whopping $ 1.9 billion Valuation As the World Went Shopping Online in the Wake of the Covid-19 Pandemic, and Businesses Rushed to Improve their e-Commerce Operations. Today, The Playbook Looks a Little Different for e-Commerce, and for Commercetools. Techcrunch … Read more