Meta, Twitter, Amazon: List of tech companies that announced layoffs in 2022
Many Tech firms have taken the same action to reduce costs and become profitable in the upcoming months.
Source: dnaindia.com
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Meta ends production of THESE hardware items after firing 11,000 workers
Notably, CEO of Meta Mark Zuckerberg stated in the statement following the mass layoffs that other cost-cutting measures would follow.
Source: dnaindia.com
Meta offers immigration support to H-1B visa holders after global layoffs
A non-immigrant visa called the H-1B allows US businesses to hire foreign nationals for specialised jobs that need for theoretical competence.
Source: dnaindia.com
Meta shareholder Altimeter urges Facebook parent to cut down jobs, expenses
The company has lost investor confidence as it ramped up spending and pivoted to the metaverse.
Source: dnaindia.com