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November 21, 2022
Social media sites announced massive layoffs that will impact many Empire State residents.
November 17, 2022
As Amazon began the largest round of layoffs in its history, many have compared the way the sackings have been handled by the company versus Meta, which recently sacked 13 per cent of its staff.
November 17, 2022
Talking about the reality check. >> reporter: in three weeks the tech industry lost tens of thousands of jobs. historic layoffs at twitter, meta and lyft and amazon. layoffs start fyi, a crowd source layoff tracking price puts it at more than 35,000 layoffs so far this month. >> that is the highest month since the pandemic. so that beats april 2020 which was 17,000 employees laid off. >> reporter: meta cut the work force by 13%. the ceo mark zuckerberg saying hes taking accountability and apolog...
November 16, 2022
As warned by several experts and economists, winter seems set to be harsh on employees of tech companies, online businesses and marketplaces.
November 15, 2022
As warned by several experts and economists, winter seems set to be harsh on employees of tech companies, online businesses and marketplaces.
November 14, 2022
Is this companies hunkering down and getting into a defensive crouch because of an upcome coming recession that they see, or is this deeper and broader and elon musk seems to have its own orbit happening, its own gravitational pull, if you will. >> i dont know how to summarize the elon musk situation. those are not macroeconomic forces as much as, i dont know what forces to describe them as. but there are, as you said, halle, so many different reasons that these various companies are retrenching...
November 10, 2022
Another big tech company is announcing layoffs. meta spent big on virtual reality technology. some advertising dollars are drying up. tom costello has the latest. >> it was a contrite and remorseful mark zuckerberg on a video message recorded by an employee. >> i want to say, you know, up front, that i take full responsibility for this decision. >> the ceo of facebook parent company meta announcing the company would be laying off 11,000 employees. 13% of the workforce saying the company needs to...
November 4, 2022
As part of a global job cut imposed by Twitter's new owner Elon Musk to achieve economies of scale and make the USD 44 billion acquisition sustainable, the social media platform has begun terminating staff in India. World's richest businessman Musk began his innings at Twitter last week by firing the CEO Parag Agrawal as well as the CFO and some other top executives.
September 21, 2022
The Washington Monument was vandalized Tuesday night. The base was graffitied and splashed with red paint. Police took one man into custody. A group of republican lawmakers is working toward banning gender transition surgeries on minors. They gathered outside the U.S. capitol on Sept. 20 to call for support of a new bill. Iranian protestors take to the streets in Istanbul over the death of a young woman at the hands of Iran's morality police.
August 16, 2022
Apple has said that it will only be keeping full-time recruiters as it will not be hiring new employees anytime soon and will stand by this decision until 2023.