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Meta Starts Eliminating Jobs in Shift to Find AI Talent
Meta has started notifying “low-performers” that they are being laid off. The company is scouring for new talent to dominate the AI race. The company is offering US-based employees severance packages that include 16 weeks of salary, in addition two weeks for each year of service.
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Meta Prepares for Layoffs on Monday, Circulates Internal Memo
Meta Platforms plans to carry out its expected company-wide layoffs next week. Employees in Germany, France, Italy and the Netherlands will be exempt from the cuts "due to local regulations," while those in more than a dozen other countries across Europe, Asia and Africa will receive their notifications between February 11 and February 18.
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Meta To Start Layoffs Globally From Next Week: Report
Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next week while pushing ahead with the expedited hiring of machine learning engineers, it told staffers in internal memos seen by Reuters on Friday.
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BioWare Downsized to Less Than 100 Employees After Layoffs, Relocations: Report
Dragon Age and Mass Effect developer BioWare has reportedly been hit with layoffs and relocations, downsizing to less than half of its size from two years ago. The developer is said to have laid off over 20 employees and permanently moved several others to different teams across parent company Electronic Arts.
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CNN Plans To Lay Off Over 200 Employees Amid Attempt To 'Modernise Business'
CNN will lay off nearly 6% of its overall workforce, approximately 210 people, as it refocuses the business on a worldwide digital audience.
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Explained: What Is 'Googleyness', How It Led To Layoffs At The Tech Giant
Google has laid off 10 per cent of its managerial staff as part of an ongoing effort to improve efficiency and redefine its corporate culture, particularly the concept of 'Googleyness'.
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Google Slashes 10% Of Managerial Staff In Hunt For 'Googleyness': Report
Google Layoffs: Google has laid off 10 per cent of its managerial staff as part of a long-running campaign to increase efficiency by double that number, multiple news reports said Wednesday.
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Boeing To Fire Over 2,000 Employees In US, Home To Its Oldest Facilities
The US aviation giant Boeing sent out its first redundancy notifications on Monday as part of a previously announced plan to cut 10 percent of its global workforce.
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Boeing Lays Off Over 400 Members Of Professional Aerospace Union
Boeing has laid off more than 400 members of its professional aerospace labour union, the union has revealed.
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AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
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After Laying Off 15,000 Employees, Intel Revives Free Coffee And Tea Perks To Lift Employee Morale
The action is viewed as a modest but significant attempt to raise staff morale in the wake of recent budget cuts.
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Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees
In August, it announced plans to reduce its workforce by 15,000 through voluntary separations and layoffs.
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Freshworks Announces 13% Workforce Reduction In Strategic Restructuring
Dennis Woodside, CEO of Freshworks, announced the company's decision to reduce its workforce by 13 per cent, impacting around 660 employees.
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Boeing To Cut 17,000 Jobs Worldwide Amid Factory Strikes
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region.
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TikTok Cuts Hundreds Of Jobs In Shift Towards AI Content Moderation
TikTok confirmed the layoffs and said that several hundred employees were expected to be impacted globally as part of a wider plan to improve its moderation operations.
-
Meta Starts Eliminating Jobs in Shift to Find AI Talent
Meta has started notifying “low-performers” that they are being laid off. The company is scouring for new talent to dominate the AI race. The company is offering US-based employees severance packages that include 16 weeks of salary, in addition two weeks for each year of service.
-
Meta Prepares for Layoffs on Monday, Circulates Internal Memo
Meta Platforms plans to carry out its expected company-wide layoffs next week. Employees in Germany, France, Italy and the Netherlands will be exempt from the cuts "due to local regulations," while those in more than a dozen other countries across Europe, Asia and Africa will receive their notifications between February 11 and February 18.
-
Meta To Start Layoffs Globally From Next Week: Report
Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next week while pushing ahead with the expedited hiring of machine learning engineers, it told staffers in internal memos seen by Reuters on Friday.
-
BioWare Downsized to Less Than 100 Employees After Layoffs, Relocations: Report
Dragon Age and Mass Effect developer BioWare has reportedly been hit with layoffs and relocations, downsizing to less than half of its size from two years ago. The developer is said to have laid off over 20 employees and permanently moved several others to different teams across parent company Electronic Arts.
-
CNN Plans To Lay Off Over 200 Employees Amid Attempt To 'Modernise Business'
CNN will lay off nearly 6% of its overall workforce, approximately 210 people, as it refocuses the business on a worldwide digital audience.
-
Explained: What Is 'Googleyness', How It Led To Layoffs At The Tech Giant
Google has laid off 10 per cent of its managerial staff as part of an ongoing effort to improve efficiency and redefine its corporate culture, particularly the concept of 'Googleyness'.
-
Google Slashes 10% Of Managerial Staff In Hunt For 'Googleyness': Report
Google Layoffs: Google has laid off 10 per cent of its managerial staff as part of a long-running campaign to increase efficiency by double that number, multiple news reports said Wednesday.
-
Boeing To Fire Over 2,000 Employees In US, Home To Its Oldest Facilities
The US aviation giant Boeing sent out its first redundancy notifications on Monday as part of a previously announced plan to cut 10 percent of its global workforce.
-
Boeing Lays Off Over 400 Members Of Professional Aerospace Union
Boeing has laid off more than 400 members of its professional aerospace labour union, the union has revealed.
-
AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
-
After Laying Off 15,000 Employees, Intel Revives Free Coffee And Tea Perks To Lift Employee Morale
The action is viewed as a modest but significant attempt to raise staff morale in the wake of recent budget cuts.
-
Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees
In August, it announced plans to reduce its workforce by 15,000 through voluntary separations and layoffs.
-
Freshworks Announces 13% Workforce Reduction In Strategic Restructuring
Dennis Woodside, CEO of Freshworks, announced the company's decision to reduce its workforce by 13 per cent, impacting around 660 employees.
-
Boeing To Cut 17,000 Jobs Worldwide Amid Factory Strikes
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region.
-
TikTok Cuts Hundreds Of Jobs In Shift Towards AI Content Moderation
TikTok confirmed the layoffs and said that several hundred employees were expected to be impacted globally as part of a wider plan to improve its moderation operations.
