job cuts

Meta chief executive Mark Zuckerberg has confirmed employees will start to be laid off this week in what is reported to likely be the largest job cuts to hit the tech sector this year.New York-based Wall Street Journal exclusively reported…

Facebook-parent Meta will become the latest tech firm to scale back its workforce, with plans to layoff thousands of employees this week, US media reported Sunday. The Wall Street Journal, citing people familiar with the matter, reported…

Bay Area tech and biotech companies have recently revealed plans to chop thousands of jobs, layoffs that raise the specter that these cutbacks might haunt the region’s broader economy. Facebook app owner Meta Platforms is the latest Bay…

Meta, the parent company of Facebook and Instagram, is expected to begin “large-scale” lay-offs this week that will affect thousands of employees.New York-based Wall Street Journal exclusively reported the plan on Monday, citing unnamed…

In less than a fortnight of owning Twitter, Elon Musk has changed the social platform as we know it – and he is not letting anyone get in his way.One of his most controversial moves – on top of job cuts – has been making verified users pay…

Twitter employees braced for massive job cuts on Friday in the wake of Elon Musk’s purchase of the social media platform, which is battling to generate a more robust revenue stream as it attempts to diminish a lake of red ink. It wasn’t…

NEWARK — Employers have decided to eliminate hundreds of biotech and tech jobs in the East Bay with layoffs at companies in Emeryville and Newark, a fresh round of unsettling job cuts during uncertain economic times. An estimated 254 jobs…

Tonight’s federal budget includes more than $80 million in extra funding for the ABC, reversing a “cut” under the previous government that forced the national broadcaster to axe hundreds of jobs.In 2018, when Malcolm Turnbull was prime…

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The Bay Area lost jobs during September, while California’s employment gains slowed to a crawl, a report released on Friday showed, an ominous yellow flag for the once-booming economies in the region and statewide. The unsettling employment…