layoffs

Another week of layoffs, executive departures and AI-generated everything

Another week of layoffs, executive departures and AI-generated everything

Hello again! Greg here again with Week in Review. WiR is the newsletter where we take the most-read TechCrunch stories from the last seven days and boil them down to as few words as possible – no fluff, no nonsense, *just a quick rundown of everything you probably want to know about technology this week. …

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Meta Layoffs - Facebook continues to cut costs by reducing its workforce

Meta Layoffs – Facebook continues to cut costs by reducing its workforce

| Getty Images Key points to remember Ad revenue has started to slow as fears of a 2023 recession grow. By creating the metaverse, Meta continues to lose large sums of money, some $9.4 billion in the first nine months of 2022. There are no signs of a slowdown in spending, which will impact the …

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Intel Begins California Layoffs, 'Voluntary Unpaid Leave' Program |  CRN

Intel Begins California Layoffs, ‘Voluntary Unpaid Leave’ Program | CRN

IT news Shane Snider December 06, 2022, 5:47 PM EST The job cuts are likely just the first salvo as the Santa Clara-based semiconductor giant seeks to cut up to $10 billion by 2025. Intel began its planned layoffs near home with cuts to its California operations totaling 201 people as part of a broader …

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VR gaming recommendations as Meta bets big on platform despite huge layoffs

VR gaming recommendations as Meta bets big on platform despite huge layoffs

Meta, Facebook’s parent company, laid off more than 11,000 employees this month as the tech sector showed signs of slowing. But it’s still on track to spend billions on VR this year. The company does not plan to turn off the tap any time soon. So I strapped on a headset (kindly provided by Meta) …

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