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November 10, 2022
She penned down a heart-wrenching note about her layoff on Linkedin. She wrote that on Wednesday morning she found that she was one of the 11,000 employees impacted by Meta layoff.
November 9, 2022
Salesforce CFO Amy Weaver said in an Investor Day presentation last month the company was shooting for $50 billion in reveunue by FY26, it was also looking to get more profitable by aiming for a 25% operating margin in the same time period
November 9, 2022
Meta CEO Mark Zuckerberg has confirmed to fire 13% staff globally amid faltering revenue and macro-economic uncertainty.
November 9, 2022
According to the media reports, Zuckerberg in a meeting with senior executives has confirmed to do lay off around 13% of its staff across the different divisions of the company.
November 9, 2022
As for severance allowance, Meta will pay 16 weeks of base pay plus two additional weeks for every year of service, with no cap. Moreover, the company will cover the cost of healthcare for people and their families for six months.