Us Media Layoffs
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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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"You're The Greatest Cutter": Donald Trump Praises Elon Musk For Firing Workers
Republican presidential candidate Donald Trump's interview with billionaire entrepreneur Elon Musk finally got underway on Musk's social media platform X on Monday evening.
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"Hardcore" About Cost Cut, Elon Musk's Tesla To Cut Hundreds More Jobs: Report
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.
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Elon Musk Agrees To Try To Settle Twitter Layoffs Lawsuits, Reveals Memo
Elon Musk's X Corp. has agreed to try to settle claims by thousands of former Twitter employees who say they were cheated of severance pay when the billionaire laid them off after acquiring the social media platform last year, according to a memo.
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US Judge Refuses to Dismiss Lawsuit Accusing Elon Musk's X of Age Bias in 2022 Layoffs
A US federal judge has refused to dismiss a lawsuit accusing X, the social media service formerly called Twitter, of disproportionately laying off older workers when Elon Musk acquired the company last year.
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Binance.US Said to Have Laid Off Employees After US SEC Charges
The US affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with violating securities laws and sought to freeze its assets, said two people with knowledge of the dismissals and employees' social media posts. One of the sources said around 50 people were laid off.
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Facebook Parent Meta Plans Another Round of Job Cuts, May Lay Off Over 1,000 Employees: Report
Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak adv...
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US Media Sees Massive Job Cuts Amid Falling Newsroom Employment
From CNN to the Washington Post, US media are facing tough times, as a series of outlets have announced layoffs this winter amid fears of an economic downturn.
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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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Meta India's Staff On The Edge After Social Media Firm Fires 11,000 Globally
India employees of Meta, the firm that owns Facebook, Instagram and WhatsApp, have been thrown off-guard after the US firm announced 11,000 layoffs globally or 13 per cent of its workforce.
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Elon Musk's Twitter Faces Lawsuit for Mass Layoffs: Here's All You Need to Know About WARN Act
Twitter has begun laying off employees under its new owner, Elon Musk. The San Francisco-based social media giant is expected to terminate up to 3,700 people — half of its workforce — on Friday, according to internal plans reviewed by Reuters this week. Twitter is already facing a proposed class action claiming the layoffs are imminent and w...
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Twitter Begins Mass Layoff Under Musk. Does It Violate US Law?
Twitter Inc has begun laying off employees under its new owner, Elon Musk. The San Francisco-based social media giant is expected to terminate up to 3,700 people - half of its workforce.
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Twitter Sued in Class Action Lawsuit Over Mass Layoffs by Elon Musk Without Enough Notice
Twitter has been sued over the microblogging service's plan to cut about 3,700 jobs at the social media platform, without enough notice as required under US federal and California law, in a class action lawsuit on Thursday. The company plans to start cutting staff on Friday, it revealed to employees in an email. However, the The federal Worker Adju...
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BuzzFeed, HuffPost To Shed More Than 200 Jobs In New Round Of Layoffs
America's free online news heavyweights, BuzzFeed and HuffPost, this week were rocked by a new wave of layoffs, a sign of an advertising-dependent economic model under threat.
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This US IT Company Is Expanding, Hiring In India Despite Layoff Reports
A US-based IT solutions company has announced it is expanding its operations in India by recruiting new staff and setting up its first Innovation Lab in Jaipur.
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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.
-
"You're The Greatest Cutter": Donald Trump Praises Elon Musk For Firing Workers
Republican presidential candidate Donald Trump's interview with billionaire entrepreneur Elon Musk finally got underway on Musk's social media platform X on Monday evening.
-
"Hardcore" About Cost Cut, Elon Musk's Tesla To Cut Hundreds More Jobs: Report
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.
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Elon Musk Agrees To Try To Settle Twitter Layoffs Lawsuits, Reveals Memo
Elon Musk's X Corp. has agreed to try to settle claims by thousands of former Twitter employees who say they were cheated of severance pay when the billionaire laid them off after acquiring the social media platform last year, according to a memo.
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US Judge Refuses to Dismiss Lawsuit Accusing Elon Musk's X of Age Bias in 2022 Layoffs
A US federal judge has refused to dismiss a lawsuit accusing X, the social media service formerly called Twitter, of disproportionately laying off older workers when Elon Musk acquired the company last year.
-
Binance.US Said to Have Laid Off Employees After US SEC Charges
The US affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with violating securities laws and sought to freeze its assets, said two people with knowledge of the dismissals and employees' social media posts. One of the sources said around 50 people were laid off.
-
Facebook Parent Meta Plans Another Round of Job Cuts, May Lay Off Over 1,000 Employees: Report
Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak adv...
-
US Media Sees Massive Job Cuts Amid Falling Newsroom Employment
From CNN to the Washington Post, US media are facing tough times, as a series of outlets have announced layoffs this winter amid fears of an economic downturn.
-
"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.
-
Meta India's Staff On The Edge After Social Media Firm Fires 11,000 Globally
India employees of Meta, the firm that owns Facebook, Instagram and WhatsApp, have been thrown off-guard after the US firm announced 11,000 layoffs globally or 13 per cent of its workforce.
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Elon Musk's Twitter Faces Lawsuit for Mass Layoffs: Here's All You Need to Know About WARN Act
Twitter has begun laying off employees under its new owner, Elon Musk. The San Francisco-based social media giant is expected to terminate up to 3,700 people — half of its workforce — on Friday, according to internal plans reviewed by Reuters this week. Twitter is already facing a proposed class action claiming the layoffs are imminent and w...
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Twitter Begins Mass Layoff Under Musk. Does It Violate US Law?
Twitter Inc has begun laying off employees under its new owner, Elon Musk. The San Francisco-based social media giant is expected to terminate up to 3,700 people - half of its workforce.
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Twitter Sued in Class Action Lawsuit Over Mass Layoffs by Elon Musk Without Enough Notice
Twitter has been sued over the microblogging service's plan to cut about 3,700 jobs at the social media platform, without enough notice as required under US federal and California law, in a class action lawsuit on Thursday. The company plans to start cutting staff on Friday, it revealed to employees in an email. However, the The federal Worker Adju...
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BuzzFeed, HuffPost To Shed More Than 200 Jobs In New Round Of Layoffs
America's free online news heavyweights, BuzzFeed and HuffPost, this week were rocked by a new wave of layoffs, a sign of an advertising-dependent economic model under threat.
-
This US IT Company Is Expanding, Hiring In India Despite Layoff Reports
A US-based IT solutions company has announced it is expanding its operations in India by recruiting new staff and setting up its first Innovation Lab in Jaipur.
