Us Mass Layoffs
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US Agencies Face Deadline Today To Submit Mass Layoff Plans
The potential scale of President Donald Trump's efforts to shrink the U.S. federal government could become clearer on Thursday, the deadline for government agencies to submit plans for a second wave of mass layoffs and to slash their budgets.
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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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How Trump 2.0 Fired Federal Workers Over Teams Meet, Gave 30 Minutes To Leave
The large-scale layoff strategy is led by Elon Musk's "department of government efficiency," which aims to cut costs by downsizing the federal government.
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US Judge Says Elon Musk's X Must Face Class Action Age Bias Claims Over Mass Layoff
A US District Judge has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination.
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US Industrial Company 3M To Lay Off 6,000 People Worldwide
The company anticipates annual pre-tax savings of $700 million to $900 million upon completion of cost-cutting actions.
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For Silicon Valley Startups, The Worst Is Yet To Come
The startup world has had a tough year - plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. But many in tech believe that the worst is yet to come.
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Sacked H1-B Visa Holders Have Options Other Than Leaving: US
Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days.
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"Layoffs Near Record Lows, Economic Growth Stable": White House
As mass layoffs hit the US, especially the IT sector, White House has said the economy is growing steadily and Washington understands the impact of job cuts.
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Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs
As part of its plan to cut 18,000 jobs company-wide, Amazon will be laying off employees in the US, Canada, and Costa Rica by the end of Wednesday. The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
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Woman Who Appeared In Netflix's 'Indian Matchmaking' Laid Off By Meta
Surbhi Gupta, an engineer from India who appeared in Netflix's popular show 'Indian Matchmaking', was among the thousands of employees sacked by Facebook's parent company Meta last month, BBC reported.
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Layoffs Hurt Indians Most Amid 195-Year Wait For Green Card
Mass tech layoffs have left hundreds of workers living in the US on temporary visas with little time to find another job, or they'll have to leave the country.
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"Some Roles Will No Longer Be Required": Amazon Begins Mass Layoffs
Amazon has begun the process of cutting jobs across the company this week, US media reports said on Wednesday.
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Twitter's Pared-Down Staff Said to Struggle With Misinformation Amid US Midterm Elections
Twitter staff are said to be struggling to respond to political misinformation and harmful posts on the microblogging service, days after Elon Musk fired around half of the company's workforce ahead of the US midterm elections. Even though the recent mass layoffs spared many of the people whose job it is to keep hate and misinformation off the soci...
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Twitter Blue India Rollout Could Take Place in 'Less Than a Month', Elon Musk Says
Twitter Blue, the company's paid subscription service that is currently available in five countries, could soon be available in India, according to the firm's new owner. Elon Musk has said that the subscription service, which will offer users a verification badge, is expected to roll out in India in "less than a month". Twitter's strategy to intro...
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Twitter Job Cuts Before US Midterm Polls Spark Misinformation Concerns
Twitter's new owner Elon Musk has pledged the platform will not devolve into a "free-for-all hellscape," but experts warn that mass layoffs on Friday may deeply impair the social network's ability to curb misinformation.
-
US Agencies Face Deadline Today To Submit Mass Layoff Plans
The potential scale of President Donald Trump's efforts to shrink the U.S. federal government could become clearer on Thursday, the deadline for government agencies to submit plans for a second wave of mass layoffs and to slash their budgets.
-
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.
-
How Trump 2.0 Fired Federal Workers Over Teams Meet, Gave 30 Minutes To Leave
The large-scale layoff strategy is led by Elon Musk's "department of government efficiency," which aims to cut costs by downsizing the federal government.
-
US Judge Says Elon Musk's X Must Face Class Action Age Bias Claims Over Mass Layoff
A US District Judge has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination.
-
US Industrial Company 3M To Lay Off 6,000 People Worldwide
The company anticipates annual pre-tax savings of $700 million to $900 million upon completion of cost-cutting actions.
-
For Silicon Valley Startups, The Worst Is Yet To Come
The startup world has had a tough year - plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. But many in tech believe that the worst is yet to come.
-
Sacked H1-B Visa Holders Have Options Other Than Leaving: US
Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days.
-
"Layoffs Near Record Lows, Economic Growth Stable": White House
As mass layoffs hit the US, especially the IT sector, White House has said the economy is growing steadily and Washington understands the impact of job cuts.
-
Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs
As part of its plan to cut 18,000 jobs company-wide, Amazon will be laying off employees in the US, Canada, and Costa Rica by the end of Wednesday. The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
-
Woman Who Appeared In Netflix's 'Indian Matchmaking' Laid Off By Meta
Surbhi Gupta, an engineer from India who appeared in Netflix's popular show 'Indian Matchmaking', was among the thousands of employees sacked by Facebook's parent company Meta last month, BBC reported.
-
Layoffs Hurt Indians Most Amid 195-Year Wait For Green Card
Mass tech layoffs have left hundreds of workers living in the US on temporary visas with little time to find another job, or they'll have to leave the country.
-
"Some Roles Will No Longer Be Required": Amazon Begins Mass Layoffs
Amazon has begun the process of cutting jobs across the company this week, US media reports said on Wednesday.
-
Twitter's Pared-Down Staff Said to Struggle With Misinformation Amid US Midterm Elections
Twitter staff are said to be struggling to respond to political misinformation and harmful posts on the microblogging service, days after Elon Musk fired around half of the company's workforce ahead of the US midterm elections. Even though the recent mass layoffs spared many of the people whose job it is to keep hate and misinformation off the soci...
-
Twitter Blue India Rollout Could Take Place in 'Less Than a Month', Elon Musk Says
Twitter Blue, the company's paid subscription service that is currently available in five countries, could soon be available in India, according to the firm's new owner. Elon Musk has said that the subscription service, which will offer users a verification badge, is expected to roll out in India in "less than a month". Twitter's strategy to intro...
-
Twitter Job Cuts Before US Midterm Polls Spark Misinformation Concerns
Twitter's new owner Elon Musk has pledged the platform will not devolve into a "free-for-all hellscape," but experts warn that mass layoffs on Friday may deeply impair the social network's ability to curb misinformation.
