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On Wednesday, thousands of Meta workers received early morning emails on if they still had jobs. Meta began another round of layoffs on Wednesday, and employees were again left to figure out for themselves which jobs, levels, and teams were impacted by the cuts. How the layoffs happenedThousands of tech and engineering workers received emails over the course of about two hours on Wednesday morning. Laid off workers generally received 16 weeks of severance and benefits coverage for a year, as those laid off in November received. Impacted jobsHere is a running list of what types of jobs and certain teams at Meta were impacted by this round of layoffs.
With layoffs seemingly in every major industry, it's natural to feel some layoff anxiety. Layoff anxiety is high among workers. What to do when layoff anxiety is consuming your thoughts1. Ask yourself:What would I do if I'm laid off? Layoff anxiety can stop you in your tracks.
Apple has threatened action against staff over office attendance, per Platformer's Zoë Schiffer. Last summer, Apple told all corporate employees to work from the office three days a week. While he said it wasn't an inferior way of working, Apple has been more insistent than its peers about getting workers back into the office. Meanwhile, Elon Musk reportedly emailed Twitter staff in the early hours of Wednesday to remind them about the company's remote working policy. According to Schiffer the Twitter CEO told staff in an email send at 2:30am that the "office is not optional."
Meta will lay off 10,000 more workers and incur restructuring costs ranging from three to five billion dollars, the company announced Tuesday, with CEO Mark Zuckerberg warning that economic instability could continue for "many years." He added that the company plans to close 5,000 additional open roles that it hasn't yet filled. The new round of layoffs follow a previous round of cuts, announced in November, that affected over 11,000 workers, which equated to roughly 13% of Meta's overall staff. Zuckerberg told analysts in February that the Meta plans "on cutting projects that aren't performing or may no longer be crucial" while simultaneously "removing layers of middle management to make decisions faster." In January, Google revealed plans to lay off more than 12,000 workers, Microsoft announced plans to cut 10,000 employees and Salesforce said it planned to cut 7,000 jobs.
Former Amazon managers say they were pressured to cut successful workers to meet attrition goals. In anticipation of Amazon's performance-review period, he told Insider, he'd kept careful notes on what his employees were doing well and where they could improve. These people said leadership would place employees in Focus even if the managers of those employees said that the workers had met or exceeded expectations. A few weeks later, he said, his manager told him he was on Pivot and had the option to leave the company with severance, which he did. Amazon managers are required to submit their performance ratings for employees in an online tool, then discuss their rationale with managers above them, he said.
I want donors to know that every cent truly counts, and you can contribute to multiple causes. In fact, I'd fled the nonprofit world 15 years earlier and had no intentions of looking back. But what many donors don't know is that those traits, conferred through nonprofit status and IRS oversight, come with massive trade-offs. What it means to be a nonprofit and where our money goesAs a nonprofit director, I have to raise a lot of money just so our organization can remain compliant. At the same time, if you care about multiple issues, you can make small donations to multiple organizations.
More than 10,000 Google employees could be set to receive bad performance reviews. More than 10,000 Google employees could be in line for low performance reviews, potentially giving the company an excuse to trim its headcount. Google introduced a new performance review tool earlier this year, named GRAD, which changes how employees are rated on their work. Under the new system, 6% of employees could receive a bad rating, up from 2% in the previous rating system. These low scores could give the company cause to put employees on performance review plans, before showing them the door.
Google employees are increasingly concerned that layoffs will hit their company, as rivals including Amazon and Meta slash more than 20,000 jobs. From the end of 2018 to earlier this year, the company added almost 100,000 full-time staff, nearly doubling the workforce. "There's a lot of people openly nervous," another Google employee said, while noting that Googlers have been posting internal memes to express their anxiety. "Performance plans are the next step if folks don't respond to the check-ins," a person familiar with the changes said. 'Google execs will want to cut people'Widespread layoffs at Google would be unprecedented.
Meanwhile, at least two AWS engineering orgs are planning to freeze headcount until the end of 2023, according to two current employees. People who depart may be replaced, but the goal is to keep total headcount static, according to two of the current employees. AWS reported its slowest revenue growth ever last quarter, which Olsavsky attributed to reduced enterprise spending as cloud customers gird themselves for potential economic turmoil. Amazon announced a hiring freeze in its advertising business on Tuesday, Bloomberg reported. The New York Post reported last week on a hiring freeze in AWS.
And that's not to mention that employees are preparing for layoffs after Twitter leaders and VPs made lists of who to keep. Twitter employees expect layoffs to begin very soon. By Saturday afternoon, they handed Elon Musk lists of employees "to keep," two people said. Elon Musk fired Twitter execs "for cause" in a bid to avoid paying out tens of millions in severance. Among this year's biggest losers are those who've invested heavily in the metaverse (Meta CEO Mark Zuckerberg) and crypto (Binance CEO Changpeng Zhao).
Musk formally acquired Twitter late Thursday and has yet to address his new staff. He and his transition team are said to be planning "aggressive" layoffs, likely to begin very soon. Twitter employees expect Elon Musk to begin layoffs very soon because performance evaluations and code reviews have been progressing swiftly inside the company. The billionaire closed on his deal to acquire Twitter late Thursday. Team leaders and vice presidents at Twitter started stack ranking employees late Friday, two people familiar with the process told Insider.
Oct 18 (Reuters) - Billionaire Elon Musk said on Tuesday SpaceX's Starlink services have not received any funding from the U.S. Department of Defense, a day after reports said The Pentagon is considering paying for Starlink satellite network in war-torn Ukraine. SpaceX is losing approximately $20 million a month from unpaid service and costs related to security measures for cyberwar defense, but "we'll keep doing it (sigh)", Musk tweeted. "No money from DoD, but several other countries, orgs & individuals are paying for ~11k/25k terminals," Musk said. Musk, the world's richest person and chief executive of Tesla Inc (TSLA.O), said SpaceX spends nearly $20 million a month for maintaining satellite services in Ukraine and that the company has spent about $80 million to enable and support and support Starlink there. The Pentagon is considering paying for the service to Ukraine, Politico reported on Monday, citing two U.S. officials involved in the discussions.
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