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META EMPLOYEE LAYOFF FEARS
Etsy posts strong second quarter, then cuts 12% of workforce; CEO Kruti Patel Goyal says layoffs aren't driven by AI or cost-cuttingEtsy is reducing its global workforce by approximately twelve percent. This significant restructuring impacts around two hundred twenty emp...
'Tough reality in the gaming industry': Halo Studios launches Halo: Campaign Evolved, then lays off several employeesHalo Studios has reportedly laid off several employees shortly after the game's launch. Multiple staff members have announced their departu...
He received a 100% salary hike and a salary of Rs 40 LPA. Yet, techie is far from pleased: ‘I think they are not telling…'A Reddit user revealed how he was feeling anxious even after he heard the best news possible for an employee: He had received a 100% hike. ...
A US cloud computing company reports $703.1 million in revenue, then announces plans to lay off 5% of its workforceNutanix plans to reduce its global workforce by approximately five percent. This strategic move aims to enhance operational efficiency and ...
He was out on a Performance Improvment Programme. Then he got a huge surprise: 'I cried, they said the PIP was purely...'A Reddit user recently shared a bizarre anecdote on how he was put on a performance improvement programme and then told he had received a r...
Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside MetaMeta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...
The AI layoffs are backfiring: Why companies are rehiring employees they let goCompanies are rehiring workers after AI failed to fully replace human expertise. Ford and Klarna found AI could not detect all defects or m...
35, no degree, facing a layoff: Ankur Warikoo's blunt advice to an employee facing career crisis after 'years of poor decisions'A 35-year-old employee facing a layoff after years of career struggles sought Ankur Warikoo’s advice. He had failed school, dropped out of ...
'Millennials are getting laid off or quitting jobs, and they're happy': Viral video sparks debateA viral video highlights millennial burnout and dissatisfaction with corporate work environments. Many professionals are now voluntarily le...
He was laid off. Then got a role bigger than his previous one. But he is far from happy: 'I consider this the biggest downfall...'A Hyderabad based employee shared how he once went from earning more than Rs 2 lakh a month to earning just over Rs 40,000 per month as his...
Chime to cut 10% of total workforce on AI driven efficienciesFintech firm Chime is reducing its workforce by ten percent. This move aligns with a broader trend of companies using AI for operational ef...
Global workforce layoffs now reach Indian shoresThe people said omnichannel retailer Walmart’s restructuring this May affected around 1,000 employees at Walmart Global Tech India, includi...
Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...
PM Modi’s post to Insta ads: A look at notices sent to Meta in IndiaThe government also raised concerns over Meta-owned WhatsApp’s proposed username feature, asking the company to pause its rollout over fear...
Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
Meta employees' lawsuit shows that if AI fires you, proving it is the hard partA Meta Platforms lawsuit claims AI tools unfairly targeted employees for layoffs. Workers face difficulties proving AI discrimination due t...
US judge won't block Meta from laying off workers who filed AI discrimination lawsuitDistrict Judge William Orrick in Oakland, California, in a written order said he would not stop Meta from carrying out the layoffs beginnin...