Meta reportedly cuts 10% of workforce affecting 8,000 employees
… A memo obtained by Bloomberg states that 8,000 employees, or 10% of Meta's workforce, will be impacted. …
… A memo obtained by Bloomberg states that 8,000 employees, or 10% of Meta's workforce, will be impacted. …
… It is not clear how many staff have been impacted by the cuts. …
Microsoft is reportedly introducing a one-time voluntary retirement program for US employees, potentially impacting up to 7% of its workforce. …
Eidos-Montréal, developer of Marvel's Guardians of the Galaxy, has announced a workforce reduction impacting 124 employees. …
… "Where possible, we are funding opportunities for employees whose positions are impacted.
… Earlier this year, Meta cut 10% of its Reality Labs workforce . …
… We greatly appreciate the contributions of all those impacted," the spokesperson said. …
… "This is not a decision we have taken lightly, and I want to acknowledge the impact it has on everyone at Vertigo Studios Amsterdam," said Stitselaar. …
… The folks impacted by the layoffs will receive a severance package that includes at least four months of base pay, with more based on tenure. …
… Nadella pointed to the impact that video games have had on Microsoft and the broader technology sector in areas such as cloud, the Windows operating system and GPU-based servers. …