Facebook (now known as Meta) plans to lay off another 10,000 workers in a bid to improve its financial performance. This is Zuckerberg’s second wave of layoffs following November’s cut of 11,000 jobs as part of his “year of efficiency” at the internet giant.
Tech giant Google recently laid off thousands of employees, and the cuts didn’t stop there. The tech giant has laid off a team of robots trained to clear trash and perform other cleaning duties.
Taxpayer-funded NPR will wipe out ten percent of its staff and freeze all hiring, including current vacancies.
On Monday, Showtime wiped out ten percent of its staff with a brutal round of layoffs, reports the far-left Deadline.
The Walt Disney Co. is eliminating 7,000 jobs worldwide, or more than 3 percent of its workforce, as CEO Bob Iger aims to slash a stunning $5.5 billion in spending in an attempt to save the once formidable company.
Zoom, which rose to prominence during the coronavirus pandemic as one of the most common video conference platforms in business and education, recently announced plans to lay off 1,300 employees, or 15 percent of its workforce.
The city of Chicago, Illinois, in partnership with big business, is launching an effort to score jobs for foreign H-1B visa workers who have been laid off from their tech jobs in recent weeks.
The Washington Post laid off 20 of its newsroom staffers and discontinued its gaming section and KidsPost, their news and features section aimed at children, the outlet announced on Tuesday.
Tech giant Microsoft is reportedly laying off 10,000 employees as the company braces for slower revenue growth. The layoff will impact about five percent of the software company’s headcount.
On average, 1,600 tech workers have been laid off every single day in 2023 according to a recent report. The ongoing Silicon Valley slump has caused the tech Masters of the Universe including Facebook, Amazon, and Salesforce to lead the way in cutting high-paid tech employees.
Laid Off Twitter employees have recently received their severance pay, however, it was significantly less than promised and in many cases sent directly to employees’ spam email inboxes. When Elon Musk announced layoffs, he said employees would receive “three months of severance compensation,” but the packages emailed out only include one month of severance pay.
A clash between protesting workers and police broke out at a coronavirus test kit factory in Chongqing, China, on Saturday.
More bad news is coming from the imploding Resistance Force that calls itself the Washington Post.
Washington Post staffers were outraged on Wednesday after Post publisher Fred Ryan refused to take questions during a town hall event for employees after announcing that some employees would soon be laid off.
Food delivery service and gig economy darling DoorDash is laying off 1,250 of its employees in what the CEO says is part of a broader cost-cutting initiative.
The reckoning has arrived at far-left CNN with the formal announcement of “hundreds” of layoffs.
United Furniture Industries fired its entire workforce in the middle of the night right before the Thanksgiving holidays.
Mark Zuckerberg’s Facebook (now known as Meta) is reportedly laying off 13 percent of its staff, which accounts for more than 11,000 employees.
CNN, a far-left propaganda outlet that denies election results and encourages violence in predominantly black neighborhoods, will be hit with massive layoffs before the end of the year.
An announcement from the CEO of San Francisco tech company Twilio reveals that lay-offs were carried out through an “anti-racist” and “anti-oppression” perspective.
After putting CNN+ out of its misery earlier this year, executives at Warner Bros. Discovery have wielded the ax once again, this time laying off dozens of employees at HBO Max.
The CEO of social media optimization service HyperSocial faced major backlash this week after posting a crying selfie following the layoff of a number of employees.
The second largest aluminum mill in the United States has idled operations, laying off about 600 American workers, due to “untenable” electricity and energy prices.
Facebook (now known as Meta) has reportedly told managers to identify employees for layoffs, with CEO Mark Zuckerberg recently saying the company is experiencing “one of the worst downturns” in recent history.
Substack, the subscription newsletter platform loathed by corporate media companies, is laying off staff amid the economic downturn, the New York Times reports.
The bloodletting at Netflix continued on Thursday as the far-left-wing streamer axed an additional 300 employees worldwide, or about 3 percent of its workforce — the company’s largest layoff since its subscriber downturn in the first quarter.
Netflix is reportedly preparing for another bloodbath in the form of a new round of layoffs this week — the latest austerity measure as the far-left-wing streamer’s stock continues to languish at depressed levels.
Netflix is continuing to lay off employees a week after the left-wing streamer stunned Wall Street by announcing it had lost 200,000 subscribers in the first quarter and expects to lose a staggering 2 million more in the months ahead.
Vishal Garg, the embattled CEO of Better.com, recently informed laid-off employees in a leaked video that the company “probably pissed away $200 million,” resulting in layoffs. Garg infamously laid off 900 people via Zoom meeting weeks before Christmas last year.
Employees at the digital mortgage lender Better.com reportedly learned that they have been laid off when their severance checks suddenly appeared in their payroll app. Last year the company’s bumbling CEO, Vishal Garg, faced massive backlash after laying off other employees via a mass Zoom meeting.
Troubled exercise bike maker Peloton held a virtual all-hands meeting this week that was promptly accessed by angry laid-off employees. As former employees added messages like “I’m selling all my Peloton apparel to pay my bills!!!,” the meeting was quickly shut down as yet another failure for the formerly high-flying company.
Not long after receiving a $750 million cash infusion, an online startup valued at $7 billion laid off hundreds of workers in a way many described as harsh.
UPS is laying off hundreds of workers in Atlanta, GA, Chicago, IL, Louisville, KY, and President Joe Biden’s hometown of Scranton, Pennsylvania.
The Boeing Company is outsourcing 600 American information technology (IT) jobs to Dell Technologies, which regularly imports foreign visa workers to take IT jobs, while expanding its production base in India.
With the exception of March and April of this year, Novembr is the worst month on record for layoffs in hotels and restaurants.
Former Vice President Joe Biden mistakenly declared that a factory in Erie, Pennsylvania, was closing down — triggering panic among workers and forcing management to send a company-wide email reassuring employees that their jobs were not currently in danger.
Job openings dipped by less than expected after four months of strong growth.
Pelosi calls on airlines to hold off on planned layoffs.
American Airlines said it will begin furloughing 19,000 workers after lawmakers and the White House can’t agree on a coronavirus relief deal. The aid package that avoided layoffs since March expires on October 1.
Walmart Inc. is joining the ranks of Macy’s and L Brands in eliminating hundreds of corporate jobs in order to cut costs.
