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Meta Increases Executive Bonuses By Up To 200% After Mass Layoffs
Days after laying off 3,600 employees, tech giant Meta is set to offer bigger bonuses to its executives this year.
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Former OpenAI CTO Mira Murati Launches AI Startup, Poaching Staff From ChatGPT Maker
Former OpenAI chief technology officer Mira Murati launched an AI startup called Thinking Machines Lab on Tuesday, with a team of about 30 leading researchers and engineers from competitors including OpenAI, Meta and Mistral.
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"Cruelest Company": Meta Employees Slam Layoffs, Say Move Was Not "Performance Driven"
Despite Meta's claims of "performance-based layoffs," several employees allege they were terminated despite having a history of meeting performance expectations.
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Meta Employee Laid Off After Returning From Maternity Leave: "I Was Blindsided"
In a LinkedIn post, Ms Safner shared her shock and disappointment, suggesting that Meta may have targeted employees who had recently taken leaves.
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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 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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Meta To Fire 3,600 Employees; Mark Zuckerberg Says Will Hire New People
Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on Tuesday.
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Mark Zuckerberg Orders Removal Of Tampons From Men's Bathrooms At Meta Offices
Meta also recently discontinued its diversity, equity, and inclusion (DEI) programs and removed transgender and non-binary themes from its Messenger app.
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Meta To End Diversity Programs Ahead Of Trump Inauguration
Meta Platforms is ending its diversity, equity, and inclusion (DEI) programs, including those for hiring, training and picking suppliers, it said in a memo to employees posted on an internal company forum on Friday.
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Apple Said to Conduct Internal Study Ahead of Potential Smart Glasses Foray
Apple is exploring the development of smart glasses, according to a Bloomberg report. The company is reportedly undertaking an internal study of current smart glasses available to consumers, and asking input from employees involved in the project. It is expected to compete with Meta's Orion smart glasses and Snapchat's fifth-generation Spectacles.
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Ex Meta And Google Executive Reveals The Top Trait She Looks For In An Employee
Ms Dulski emphasised that the ability to adapt and bounce back from obstacles is the number one characteristic she looks for in every candidate.
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Meta Fires 24 Employees For Misusing $25 Meal Credits On Toothpaste, Detergent
The misuse of these benefits, which included sending meals home when employees weren't in the office, resulted in a formal HR investigation and subsequent firings.
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Meta Lays Off Employees Across Units, At WhatsApp And Instagram: Report
Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter.
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Meta Considers New Mixed Reality Glasses As An Alternative To Headsets
Meta Platforms is planning a mixed reality device that resembles a bulky pair of glasses, the Information reported on Wednesday, citing two employees from the social media giant.
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Meta Increases Executive Bonuses By Up To 200% After Mass Layoffs
Days after laying off 3,600 employees, tech giant Meta is set to offer bigger bonuses to its executives this year.
-
Former OpenAI CTO Mira Murati Launches AI Startup, Poaching Staff From ChatGPT Maker
Former OpenAI chief technology officer Mira Murati launched an AI startup called Thinking Machines Lab on Tuesday, with a team of about 30 leading researchers and engineers from competitors including OpenAI, Meta and Mistral.
-
"Cruelest Company": Meta Employees Slam Layoffs, Say Move Was Not "Performance Driven"
Despite Meta's claims of "performance-based layoffs," several employees allege they were terminated despite having a history of meeting performance expectations.
-
Meta Employee Laid Off After Returning From Maternity Leave: "I Was Blindsided"
In a LinkedIn post, Ms Safner shared her shock and disappointment, suggesting that Meta may have targeted employees who had recently taken leaves.
-
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 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.
-
Meta To Fire 3,600 Employees; Mark Zuckerberg Says Will Hire New People
Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on Tuesday.
-
Mark Zuckerberg Orders Removal Of Tampons From Men's Bathrooms At Meta Offices
Meta also recently discontinued its diversity, equity, and inclusion (DEI) programs and removed transgender and non-binary themes from its Messenger app.
-
Meta To End Diversity Programs Ahead Of Trump Inauguration
Meta Platforms is ending its diversity, equity, and inclusion (DEI) programs, including those for hiring, training and picking suppliers, it said in a memo to employees posted on an internal company forum on Friday.
-
Apple Said to Conduct Internal Study Ahead of Potential Smart Glasses Foray
Apple is exploring the development of smart glasses, according to a Bloomberg report. The company is reportedly undertaking an internal study of current smart glasses available to consumers, and asking input from employees involved in the project. It is expected to compete with Meta's Orion smart glasses and Snapchat's fifth-generation Spectacles.
-
Ex Meta And Google Executive Reveals The Top Trait She Looks For In An Employee
Ms Dulski emphasised that the ability to adapt and bounce back from obstacles is the number one characteristic she looks for in every candidate.
-
Meta Fires 24 Employees For Misusing $25 Meal Credits On Toothpaste, Detergent
The misuse of these benefits, which included sending meals home when employees weren't in the office, resulted in a formal HR investigation and subsequent firings.
-
Meta Lays Off Employees Across Units, At WhatsApp And Instagram: Report
Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter.
-
Meta Considers New Mixed Reality Glasses As An Alternative To Headsets
Meta Platforms is planning a mixed reality device that resembles a bulky pair of glasses, the Information reported on Wednesday, citing two employees from the social media giant.
