It was City's most lopsided loss in their history at Etihad, and their three consecutive league losses are also a first during Guardiola's eight-plus seasons as boss
football9 hours ago
Facebook parent Meta has cut 11,000 jobs – about 13 per cent of its workforce.
An earlier report revealed that Meta Platforms Inc's chief executive Mark Zuckerberg told hundreds of executives that the company would begin laying off its employees on Wednesday morning, the Wall Street Journal reported.
Zuckerberg appeared downcast in Tuesday’s meeting and said he was accountable for the company’s missteps and his overoptimism about growth had led to overstaffing, the report added, citing people familiar with the matter.
He described broad cuts and specifically mentioned the recruiting and business teams as among those facing layoffs, the report said, adding an internal announcement of the company’s layoff plans is expected around 6am Eastern time on Wednesday.
The specific employees losing their jobs will be informed over the course of the morning, the report said.
ALSO READ:
Meta’s head of human resources Lori Goler said employees who lose their jobs will be provided with at least four months of salary as severance, the WSJ reported, citing people familiar with the matter.
Meta reported more than 87,000 employees at the end of September.
The company declined to comment on the report.
The development comes after Twitter laid off half its workforce across teams ranging from communications and content curation to product and engineering following Elon Musk’s $44 billion takeover.
However, Bloomberg on Sunday reported Twitter was reaching out to dozens of employees who lost their jobs, asking them to return.
Microsoft Corp also laid off around 1,000 employees across several divisions in October, according to an Axios report.
(With inputs from AP, Reuters)
It was City's most lopsided loss in their history at Etihad, and their three consecutive league losses are also a first during Guardiola's eight-plus seasons as boss
football9 hours ago
With this victory, the team has qualified to participate in the Handball World Championship next January
sports10 hours ago
'I met women barely surviving, eating one meal of boiled leaves a day,' said the aid agency chief
africa11 hours ago
Leaders Liverpool travel to bottom-of-the-table Southampton on Sunday
football11 hours ago
Drivers were also advised to follow reduced speed limits displayed on electronic information boards
weather12 hours ago
The UAE is likely to host India's matches because of its proximity to Pakistan
cricket12 hours ago
Netanyahu's office said the person was an envoy of Chabad, an Orthodox Jewish organisation with chapters around the world
mena12 hours ago
It's time for one of my toughest opponents to step into my corner, said Djokovic
sports13 hours ago