Meta massive layoff

'I woke up at 3am...': A former Meta employee shares heartful note after getting fired on maternity leave

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.

Nov 10, 2022, 19:41 PM IST

Meta lays off 11,000 employees; Mark Zuckerberg announces THESE compensations for fired staff

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.

Nov 09, 2022, 19:53 PM IST

'I’m especially sorry...': Mark Zuckerberg fires Meta 11,000 employees - Read full statement here

Meta CEO Mark Zuckerberg has confirmed to fire 13% staff globally amid faltering revenue and macro-economic uncertainty.

Nov 09, 2022, 18:29 PM IST

Meta to lay off 11,000 employees globally; Zuckerberg calls it 'some of most difficult changes'

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. 

Nov 09, 2022, 17:08 PM IST

US-software company Salesforce lays off hundreds of employees: Report

Salesforce CFO Amy Weaver said in an Investor Day presentation last month the company was aiming for $50 billion in reveunue by FY26 along with getting 25% more profitable in operating margin in the same time period.

Nov 09, 2022, 13:56 PM IST