Meta’s workforce ballooned in recent years as the Facebook parent company signaled its ambitions for the metaverse. Still, recent moves suggest that it is feeling the sting of changing tech trends and rough market conditions. The company today announced another round of layoffs, one day after saying that it was “winding down” support for NFTs (non-fungible tokens). Co-founder and CEO Mark Zuckerberg wrote in a post on 14 March 2023 that Meta will terminate about 10,000 additional employees in
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The economic downturn predicted for 2023 will lead to layoffs but cybersecurity workers will be least affected, says the latest (ISC)² report. Also, as soon as things get better, they will likely be the first ones to get (re)hired. Execs have finally realized the importance of cyber security.
There have been massive layoffs by tech and other companies in the last few months. In December 2022, (ISC)² polled 1,000 C-suite executives from Germany, Japan, Singapore, the UK and the US about whether
Impending doom looked foreseeable with Elon Musk’s $44 billion acquisition of Twitter and began to show early on even before the billionaire completed his purchase. From the daily tit-for-tat on his Twitter acquisition stance, it became apparent to some that that Musk’s indecisive nature foretold an ominous future for Twitter. However, the actual chaos ensued just hours after Musk became the largest stakeholder in the bird app. From his plan to grant a “blue tick” verification symbol to anyon
