“Meta informed employees in an internal message board the cuts would start Wednesday morning, while a source told Vox they could affect roughly 4,000 employees—part of the company’s latest round of layoffs #Zuckerberg unveiled last month, affecting approximately 10,000 of its nearly 87,000 employees and bringing #Meta’s total number of job cuts since November to 21,000.”
#facebook / #WhiteCollar / #sackings <https://www.forbes.com/sites/brianbushard/2023/04/19/2023-layoff-tracker-latest-meta-cuts-could-hit-4000/?sh=3ed32dc86621>
#zuckerberg #meta #facebook #whitecollar #sackings
“Where have all the sacked tech workers gone?”: ‘To understand the shift in tone that has taken place in #SiliconValley in recent months, look no further than Mark Zuckerberg’s declaration in February that 2023 would be the “year of efficiency”.’
If you read the previous article, “Big tech and the pursuit of AI dominance” you’ll find the answers. Big-tech is trying to turn their boats 🛳️ around while #startups build their own faster, leaner race boats 🛶🚤🛥️ to the future.
#economist #ai 🤖 / #tech #technology / #WhiteCollar #sackings <https://www.economist.com/business/2023/03/27/where-have-all-the-sacked-tech-workers-gone>
#siliconvalley #startups #economist #ai #tech #technology #whitecollar #sackings
“Zoom sacks 1300 people, 15pc of its global workforce” (subscription)
“sacking about 1300 employees – 15 per cent of its workers – as part of a restructuring at a time of slower growth, #CEO executive #EricYuan said in a blog post.”
read the blog post here <https://blog.zoom.us/a-message-from-eric-yuan-ceo-of-zoom/>
#zoom / #WhiteCollar / #tech / #sackings <https://afr.com/technology/zoom-sacks-1300-people-15pc-of-its-global-workforce-20230208-p5cirh>
#ceo #EricYuan #zoom #whitecollar #tech #sackings