Tag
LAYOFFS
Meta, the parent company of Facebook, Instagram, and WhatsApp, is set to reduce its workforce by 5%, targeting its lowest-performing employees.
The CEO of Google, Sundar Pichai, has advised the company’s staff to brace for more job cuts as the tech giant continues to implement more cost-cutting measures across its operations.
Amidst rising inflation and a gloomy economic outlook, tech startups across the globe bit the bullet in June as they laid off a total of 15,781 staff in the month.