Meta planning thousands of more cuts after widespread layoffs, report says
The layoffs could begin this week and affect thousands of employees. Source link
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Layoffs
Atlassian cuts 5% of head count as the software maker focuses on high-priority areas
Many of Atlassian's rivals have cut their head count in recent months as rates have moved higher to deal with
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Airbnb cuts recruiting staff headcount
Home rental firm Airbnb laid off some of its recruiting staff this week, a company spokesperson said on Friday. Source
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Layoffs are set to continue. But workers from this sector may likely escape
Only 10% of organizations are likely to cut jobs in cybersecurity, compared to an average of 20% in other areas,
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General Motors cuts 500 salaried employees
GM follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits. Source link
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As emergency savings drop and credit card debt rises, an ‘ugly stew is brewing,’ warns advocate
As debt becomes more expensive, borrowers may be at increased risk for delinquencies. Here's what to do before you get
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Ford to cut 3,800 jobs in Europe in shift to electric vehicle production
Ford said it intends to cut 3,800 product development and administration jobs in Europe in the next three years. Source
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Ebay plans to lay off 500 employees, about 4% of its workforce
Ebay CEO Jamie Iannone said the company decided to do layoffs after examining the global macroeconomic environment over the past
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Jim Chanos: Bear market is doing something unheard of in my career
Famed short seller Jim Chanos sees an alarming trend in the market. Source link
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