Meta To Reduce Workforce By 5% As Zuckerberg Focuses On Reducing ‘Low Performers’
Meta is planning to slash roughly 5% of its staff this year in a move aimed at getting rid of the slackers, CEO Mark Zuckerberg revealed on Tuesday.
Meta is planning to slash roughly 5% of its staff this year in a move aimed at getting rid of the slackers, CEO Mark Zuckerberg revealed on Tuesday.
U.S. District Judge Aileen Cannon has temporarily blocked the release of special counsel Jack Smith’s final report.
At least 11 people have been injured after an explosion took place at a manufacturing facility in Louisville, Kentucky.
T.G.I. Fridays, the restaurant chain known for its loaded potato skins and $5 happy hour cocktails, announced it closed 12 U.S. locations in September and shut down 35 restaurants in the U.K.
Boeing faces a crucial test with employees, customers and investors after announcing 10% job cuts and $5 billion in charges as a crippling machinists strike enters a fifth week.
Boeing increased its wage offer to thousands of striking workers on Monday, offering a %30 general wage increase over four years in what the company called its “best and final” offer as the strike continues for a second week.
On Wednesday, Boeing’s CEO announced that the company will begin furloughing “a large number” of employees to limit spending during the strike by union machinists that began just a week ago.
Motorcycle maker Harley-Davidson released a statement on Monday, walking back their recently implemented DEI and other controversial initiatives after the company faced backlash on social media and from loyal customers.
Oil titan Chevron announced on Friday that they are moving its headquarters from San Ramon, California to Houston, Texas.
Disneyland employees have reached a tentative deal to avert the first strike at the happiest place on earth in 40 years.