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META LAYOFFS TODAY
Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.- Sundar Pichai tells Stanford graduates ‘your choices will shape your journey’ after students walk out during speechGoogle CEO Sundar Pichai's Stanford commencement address was disrupted by over 100 students walking out to protest Project Nimbus, a deal i...
- ‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safeLayoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience ha...
- Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
- Quote of the Day by Niccolò Machiavelli: "Since love and fear can hardly exist together, if we must choose between them, it is far safer..."Quote of the day: In the 1500s, Niccolò Machiavelli observed a striking truth: fear can be a more effective binder of loyalty than love. Hi...
- Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
- Quote of the Day by Mark Zuckerberg amid Meta layoffs: “People don’t care about what you say, they care about what you build”Meta layoffs: Mark Zuckerberg's quote, "People don't care about what you say, they care about what you build," gains prominence amidst Meta...
- Meta employee laid off after 10 years shares gut-wrenching post: ‘Yesterday I was training a new engineer, today I lost my job’A Meta employee in Singapore, Gary Tay, shared his gut-wrenching experience on LinkedIn of being laid off after nearly ten years, having tr...
- ‘She helped build the AI that replaced her’: Viral Meta layoff post sparks fear over future of white-collar jobsMeta layoffs: Meta's recent 8,000 job cuts coincide with a significant shift of over 7,000 employees to AI roles. A viral post alleges empl...
- Quote of the Day by American comedian Chris Rock: "Only married people understand you can be miserable and..."Quote of the Day: With his sharp wit, Chris Rock delivers an insightful take on marriage. He reminds us that long-term relationships are a ...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- Meta told employees to work from home, then sent 4 am layoff emails to US staff, leaked memo reads: 'We’re now at the stage where...'Meta Layoffs: Meta has laid off approximately 8,000 employees globally, with many receiving termination emails early Wednesday. This move i...
- Sacked H-1B staff asked to do more B-2 paperworkTech giants such as Amazon, Oracle, and Meta have laid off thousands of employees in the past few months, and a large number of the affecte...
- India crowns Meta AI; More layoffs hit techIndia is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.
- 'It makes companies seem strong...': As LinkedIn announces layoffs, co-founder warns tech firms may be using AI as ‘excuse’ for job cutsMicrosoft LinkedIn layoffs: LinkedIn, owned by Microsoft, has announced layoffs impacting engineering, marketing, and other teams, with co-...
- 'Chai stall' to 'Papa ki kirane ki dukan': What Indian techies say they’ll do if fired tomorrowA 23-year-old software professional's question about backup plans after potential job loss sparked a candid online discussion among Indian ...
- ETtech Explainer: AI is writing most of the code for companies — what this meansAI is now writing a large part of code for tech companies. Google, Microsoft, Meta, and Indian firms like Meesho and Freshworks are using A...
- Meta stock today drops over 5% after social media addiction trial – here's what the verdict means for investorsMeta stock today: Meta Platforms shares tumbled as a jury found the company liable for contributing to a young user's harmful and addictive...
- Why Meta stock is rising after reports say hundreds will lose jobs across key divisions - here's which teams are impacted and what Meta plans to do nextMeta stock price today: Meta is reducing its workforce by several hundred employees across various departments. This move comes as the comp...
- Meta stock surges 5% after Mark Zuckerberg unveils plans for metaverse - here's the breakdownMeta stock: Meta Platforms shares jumped 5% after reports of planned up to 30% budget cuts in its metaverse division, including Horizon Wor...
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