Mass Layoffs

Why Meta and Microsoft are vacating their office buildings in the US

The announcements come as the popularity of remote work continues to grow, and a tech slowdown with massive layoffs has reduced demand for office space in Seattle and elsewhere

Explained: Why Amazon’s 18,000 employees being laid off is just the tip of the iceberg for 2023

Amazon isn’t the only company firing employees. Other big firms, including Goldman Sachs and McDonald’s, will see mass layoffs in the coming months. Just a week into 2023 and 30,000 jobs have already been cut across the globe and the situation is only going to worsen

Will Amazon layoffs lead to an exodus of Indians from the US?

Amazon has announced that it will be laying off 18,000 workers. Now Indians working on an H1-B visa have to find a new job in 60 days or face the fear of being deported from the US. With a recession looming, their future seems bleak

Amazon mass layoffs to extend into 2023, says CEO Andy Jassy

Seattle-based Amazon, which has been cutting costs in various areas of its business in the past few months, is undergoing an annual review process to figure out where it can save more money

Twitter exodus begins after new owner Elon Musk's 'extremely hardcore' ultimatum

Elon Musk has come under fire for radical changes at the social media company, which he bought for $44 billion. He had already fired half of the company's 7,500 staff, scrapped a work-from-home policy and imposed long hours, all while his attempts to overhaul Twitter have faced chaos and delays

Twitter owner Elon Musk fires outsourced content moderators

Twitter hasn't said how many contract workers it cut. The company hasn't responded to media requests for information since Musk took over

Tweets with racial slurs soar since Elon Musk takeover, say civil rights group

A racial epithet used to attack Black people was found more than 26,000 times, three times the average for 2022. Use of a slur that targets trans people increased 53 per cent, while instances of an offensive term for homosexual men went up 39 per cent over the yearly average

American Dream turns Nightmare: How Elon Musk’s mass layoffs at Twitter affect H-1B visa holders

Since taking control, Elon Musk has gone on a spree of firings, including a significant chunk of H-1B visa holders. These employees now have only 60 days to find a new job or will have to leave the United States — the place where they thought their dreams could come true

Elon Musk threatens to permanently suspend Twitter account impersonators

The platform's new owner issued the warning after some celebrities changed their Twitter display names and tweeted as 'Elon Musk' in reaction to the billionaire's decision to offer verified accounts to all comers for $8 month as he simultaneously laid off a big chunk of the workforce

Elon Musk threatens to name-shame advertisers who are backing out from Twitter

In a series of tweets, Tesla CEO has blamed 'activist groups pressuring advertisers' for a 'massive drop in revenue' as the company engages in mass layoffs