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Meta to Cut Roughly Five Percent of Staff, Targeting Lowest Performers
Meta Platforms Inc. is cutting roughly five percent of its staff through performance-based terminations. Affected workers in the US are expected to be notified on February 10, while those based in other countries will be informed at a later date, according to the memo.
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Ex-Yahoo, Google And Facebook Employee Shares How A Demotion Helped Her Career
Jennifer Dulski, the founder and CEO of Rising Team and a management lecturer at Stanford Graduate School of Business, recently shared how demotions shaped her career for the better.
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Ex Employee Gets 5 Years Jail For Stealing $5 Million From Facebook, Nike
A former Meta and Nike employee, who was hired to boost workplace diversity, has been charged for stealing $5 million from the companies to fund a "luxury lifestyle".
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LinkedIn to Add Games to Its Platform That Will Rank Firms Based on Employees Scores: Report
LinkedIn, the Microsoft-owned professional social media platform, is working on diversifying its offerings beyond job searches and business networking. The company is reportedly going to add games to the platform to increase user engagement. LinkedIn would be the latest in the line of several social media platforms like Facebook and YouTube that ha...
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BBC Employee Under Fire For Calling Jewish People "Nazis" In Facebook Posts
A senior BBC employee is under fire for having shared a plethora of antisemitic posts on Facebook, according to a report published in Deadline.
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Ex Facebook Employee Admits To Stealing Over $4 Million From Company To Fund Luxurious Lifestyle
A former Facebook employee has pleaded guilty to stealing more than $4 million from the social media giant "to fund a lavish lifestyle" in California and Georgia.
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Meta Knew Teens Harassed Online But Chose Not To Stop It, Says Ex-Employee
A former Meta employee testified before a US Senate subcommittee on Tuesday, alleging that the Facebook and Instagram parent company was aware of harassment and other harms facing teens on its platforms but failed to address them.
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Watch: Zomato Agent Seen Eating Food From Delivery Bag, Internet Divided
A video showing a Zomato employee eating food from the insulated delivery bag has grabbed eyeballs online. Read how people reacted below.
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Meta's Facebook Reports 3.03 Billion Monthly Active Users in Q2 2023, Posts Strong Rise in Advertising Revenue
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by reviving digital ad business. Meta reported a profit of $7.8 billion (roughly Rs. 63,949 crore) on $32 billion (roughly Rs. 2,62,358 crore) in revenue during Q2, as the number of people using Facebook monthly rose to 3.03 billion.
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Viral: Food Delivery Person's Special Birthday Gesture Wins Hearts Online
To mark his own birthday, a Zomato delivery executive distributed chocolates with every order. Read how people reacted below.
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Have Faith In Mark Zuckerberg's Leadership? 70% Facebook Employees Say No
Employee morale at the tech giant has plummeted after months of turmoil, including several rounds of layoffs resulting in more than 21,000 cuts, budget reduction and strategy changes as part of Mr Zuckerberg's plans for a "year of efficiency".
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Woman Laid Off Twice By Meta Shares Her Experience: "I Cried For 2 Hours"
Andrea Guzman Garcia-Luna was first laid off in 2018 when the Instagram Community Team was disintegrated.
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Facebook Parent Meta Starts Final Round of Layoffs as Part of Plan to Cut 10,000 Roles
Meta Platforms started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles.
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Meta's 'Efficiency' Layoffs Left Staff In Limbo, "Anxious And Demotivated"
Meta Job Cuts: Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company's business departments.
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Dropbox to Reduce Workforce by 16 Percent, Plans to Hire New Staff for AI Offerings
Cloud storage provider Dropbox said on Thursday it would reduce its global workforce by 16 percent to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings. Dropbox's chief executive officer, Drew Houston, said the company's core cloud business growth was slowing as challenges from the economic downturn put pr...
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Meta to Cut Roughly Five Percent of Staff, Targeting Lowest Performers
Meta Platforms Inc. is cutting roughly five percent of its staff through performance-based terminations. Affected workers in the US are expected to be notified on February 10, while those based in other countries will be informed at a later date, according to the memo.
-
Ex-Yahoo, Google And Facebook Employee Shares How A Demotion Helped Her Career
Jennifer Dulski, the founder and CEO of Rising Team and a management lecturer at Stanford Graduate School of Business, recently shared how demotions shaped her career for the better.
-
Ex Employee Gets 5 Years Jail For Stealing $5 Million From Facebook, Nike
A former Meta and Nike employee, who was hired to boost workplace diversity, has been charged for stealing $5 million from the companies to fund a "luxury lifestyle".
-
LinkedIn to Add Games to Its Platform That Will Rank Firms Based on Employees Scores: Report
LinkedIn, the Microsoft-owned professional social media platform, is working on diversifying its offerings beyond job searches and business networking. The company is reportedly going to add games to the platform to increase user engagement. LinkedIn would be the latest in the line of several social media platforms like Facebook and YouTube that ha...
-
BBC Employee Under Fire For Calling Jewish People "Nazis" In Facebook Posts
A senior BBC employee is under fire for having shared a plethora of antisemitic posts on Facebook, according to a report published in Deadline.
-
Ex Facebook Employee Admits To Stealing Over $4 Million From Company To Fund Luxurious Lifestyle
A former Facebook employee has pleaded guilty to stealing more than $4 million from the social media giant "to fund a lavish lifestyle" in California and Georgia.
-
Meta Knew Teens Harassed Online But Chose Not To Stop It, Says Ex-Employee
A former Meta employee testified before a US Senate subcommittee on Tuesday, alleging that the Facebook and Instagram parent company was aware of harassment and other harms facing teens on its platforms but failed to address them.
-
Watch: Zomato Agent Seen Eating Food From Delivery Bag, Internet Divided
A video showing a Zomato employee eating food from the insulated delivery bag has grabbed eyeballs online. Read how people reacted below.
-
Meta's Facebook Reports 3.03 Billion Monthly Active Users in Q2 2023, Posts Strong Rise in Advertising Revenue
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by reviving digital ad business. Meta reported a profit of $7.8 billion (roughly Rs. 63,949 crore) on $32 billion (roughly Rs. 2,62,358 crore) in revenue during Q2, as the number of people using Facebook monthly rose to 3.03 billion.
-
Viral: Food Delivery Person's Special Birthday Gesture Wins Hearts Online
To mark his own birthday, a Zomato delivery executive distributed chocolates with every order. Read how people reacted below.
-
Have Faith In Mark Zuckerberg's Leadership? 70% Facebook Employees Say No
Employee morale at the tech giant has plummeted after months of turmoil, including several rounds of layoffs resulting in more than 21,000 cuts, budget reduction and strategy changes as part of Mr Zuckerberg's plans for a "year of efficiency".
-
Woman Laid Off Twice By Meta Shares Her Experience: "I Cried For 2 Hours"
Andrea Guzman Garcia-Luna was first laid off in 2018 when the Instagram Community Team was disintegrated.
-
Facebook Parent Meta Starts Final Round of Layoffs as Part of Plan to Cut 10,000 Roles
Meta Platforms started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles.
-
Meta's 'Efficiency' Layoffs Left Staff In Limbo, "Anxious And Demotivated"
Meta Job Cuts: Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company's business departments.
-
Dropbox to Reduce Workforce by 16 Percent, Plans to Hire New Staff for AI Offerings
Cloud storage provider Dropbox said on Thursday it would reduce its global workforce by 16 percent to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings. Dropbox's chief executive officer, Drew Houston, said the company's core cloud business growth was slowing as challenges from the economic downturn put pr...
