twitter layoff – pressnews

20Jan

By adminNo Comments

Technology

Uber not planning layoffs: CEO

[ad_1] Ride-hailing giant Uber is not planning any company-wide layoffs, the US firm's boss said Thursday, bucking the downsizing trend in the tech sector. Ride-hailing giant Uber is not planning any company-wide layoffs, the US firm's boss said Thursday, bucking the downsizing trend in the tech sector. Uber employed some 32,600 drivers worldwide at the end of September, according to the company's last quarterly earnings report. "We're not at this point planning on any company-wide layoffs," Uber chief executive Dara Khosrowshahi said at a Wall Street Journal event on the sidelines of the World Economic Forum in Davos, Switzerland. Microsoft said Wednesday it would layoff 10,000 employees in the coming months as the economic downturn punishes US tech giants. Facebook-owner Met...

Microsoft Plans 10,000 Job Cuts, To Take $1.2 Billion Charge

19Jan

By adminNo Comments

Technology

Microsoft Plans 10,000 Job Cuts, To Take $1.2 Billion Charge

[ad_1] Microsoft Corp. said it plans to cut 10,000 jobs, or about 5% of its workforce, taking steps to cope with an increasingly bleak outlook that has now bruised many of the technology industry’s biggest names. Microsoft Corp. said it plans to cut 10,000 jobs, or about 5% of its workforce, taking steps to cope with an increasingly bleak outlook that has now bruised many of the technology industry's biggest names. The company will take a $1.2 billion charge in the second fiscal quarter related to the move, which will shave 12 cents off of earnings per share, the company said in a corporate filing. The layoffs come as the software giant said it's seeing customers exercise caution, with some parts of the world in recession and others heading toward one. Microsoft is scheduled to rep...

Tech Companies Keep Slashing Jobs in Uncertain 2023 Economy

6Jan

By adminNo Comments

Technology

Tech Companies Keep Slashing Jobs in Uncertain 2023 Economy

[ad_1] Here’s a running list of the companies planning layoffs. Layoffs that began in 2022 are accelerating across some technology companies. The tech industry is slashing jobs at a pace nearing the early days of the Covid-19 pandemic. In November, the most recent month for which data is available, the sector announced 52,771 cuts, for a total of 80,978 this year, according to consulting firm Challenger, Gray & Christmas Inc. It was the highest monthly total for the industry since the firm started keeping data in 2000. After a bumpy start to the pandemic in 2020, tech companies benefited from a boom in e-commerce spending and remote work boomed, triggering a hiring spree. Now, things look different. In recent earnings reports, Alphabet Inc., Meta Platforms Inc., Microsoft Cor...

Musk’s Twitter rules: A dizzying, whiplash-inducing timeline

21Dec

By adminNo Comments

Technology

Musk’s Twitter rules: A dizzying, whiplash-inducing timeline

[ad_1] Since Elon Musk took control of Twitter in late October, confusion over what is, and what is not allowed on the platform, even what a verified account is, has run rampant Since Elon Musk took control of Twitter in late October, confusion over what is, and what is not allowed on the platform, even what a verified account is, has run rampant. Rules and policies can change daily, or even hourly. Little of what's transpired at Twitter in almost two months under Musk's leadership has anything to do with what was originally his biggest complaint about the platform: the scourge of bots, or spam accounts. Here's a rundown of some of the events, policy changes and confusion that has been a hallmark of Musk's Twitter. Oct. 27: Musk takes control of Twitter and ...

Purge fallout! Elon Musk faces legal onslaught from angry former Twitter workers

9Dec

By adminNo Comments

Technology

Purge fallout! Elon Musk faces legal onslaught from angry former Twitter workers

[ad_1] The purge initiated by Elon Musk at Twitter when he took over the company left more than half of its 7,500 employees on the sidelines. The purge initiated by Elon Musk at Twitter when he took over the company left more than half of its 7,500 employees on the sidelines and now many of them are taking the SpaceX and Tesla tycoon to court. The social media giant is facing a growing number of cases over the terms of those terminations -- and even a complaint to the city of San Francisco that Musk has illegally converted office space into bedrooms so that workers can sleep on site. "It's very concerning that the richest man in the world thinks that he can walk all over employee rights and doesn't have to follow the law. We intend to hold him accountable," said lawyer Shannon Li...

9Dec

By adminNo Comments

Technology

Twitter ads to change after fiasco

[ad_1] Twitter will roll out new controls as soon as next week to let companies prevent their ads from appearing above or below tweets containing certain keywords. Twitter Inc will roll out new controls as soon as next week to let companies prevent their ads from appearing above or below tweets containing certain keywords, the social media platform told advertisers in an email on Thursday. The new controls are part of Twitter's effort to reassure and lure back advertisers that have pulled ads off the platform since it was purchased in October by billionaire Elon Musk, amid reports from civil rights groups that hate speech has risen since the acquisition and after several banned or suspended accounts were reinstated. Twitter earns nearly 90% of its revenue from selling digital ads...

Civil Rights Groups Urge Twitter Ad Boycott Over Donald Trump Return

22Nov

By adminNo Comments

Technology

Civil Rights Groups Urge Twitter Ad Boycott Over Donald Trump Return

[ad_1] Civil rights leaders are urging major advertisers to stay away from Twitter after Elon Musk, the company’s new billionaire owner, reinstated Donald Trump. Civil rights leaders are urging major advertisers to stay away from Twitter after Elon Musk, the company's new billionaire owner, reinstated former President Donald Trump over the weekend. The activists say Musk broke promises he made to them in a closed-door meeting about hate speech and misinformation earlier this month. During the meeting, which included the heads of the National Association for the Advancement of Colored People and digital racial justice group Color of Change, Musk said he would create a “content moderation council” before he made any decisions to reinstate controversial accounts. He invited all of the ci...

Intoxicated with attention, Elon Musk heralding era of more chaos, less money for Twitter

21Nov

By adminNo Comments

Technology

Intoxicated with attention, Elon Musk heralding era of more chaos, less money for Twitter

[ad_1] “Twitter is ALIVE.”That was Elon Musk's most recent Twitter post at the time of writing, several hours after announcing he would reinstate former President Donald Trump to the site. It's a move that epitomizes the chaos Musk has wrought at his new social media company, as well as his inability to keep his word or stick to a plan. On Oct. 27, for instance, he promised Twitter's increasingly dubious advertisers that Twitter would not “become a free-for-all hellscape, where anything can be said with no consequences.” The following day, Musk said he would form a “content moderation council with widely diverse viewpoints” to look at high-profile, banned accounts like Trump's. 'No major content decisions or account reinstatements will happen before that council convenes,” he said.Th...

Astronomer SHOCKINGLY banned on Twitter for ‘intimate’ pic of meteor!

19Nov

By adminNo Comments

Technology

Astronomer SHOCKINGLY banned on Twitter for ‘intimate’ pic of meteor!

[ad_1] Mary McIntyre was locked out of her Twitter account for three months after she posted a video of a meteor passing through. The Elon Musk era on Twitter has been a rollercoaster ride. From employee layoffs to banning accounts that were impersonating Musk himself and other famous personalities, chaos has become the new normalcy at the microblogging social media platform. But even before Musk took over, Twitter had its fair share of account handling mismanagement. Recently, one of the biggest cases of wrongful banning of an account was seen for Mary McIntyre, a British astronomer. Roughly three months ago, one of her tweets was flagged for ‘intimate content', a warning usually reserved for pornographic or sexually inappropriate content. But what she shared was a video of a meteor ...

Mass resignations at Twitter! Elon Musk shuts office, revokes badge access

18Nov

By adminNo Comments

Technology

Mass resignations at Twitter! Elon Musk shuts office, revokes badge access

[ad_1] Hundreds of Twitter employees resign after Elon Musk gives in to demands of working long hours. Soon after, Musk ordered Twitter offices shut and revoked badge access till November 21. The chaos at Twitter does not seem to end. After the recent mass layoffs and the issue with blue verification ticks, which was rolled back after hordes of verified accounts began impersonating famous personalities, a new trouble is brewing at the Twitter headquarters. Various reports suggest that hundreds of employees have resigned from the company after Elon Musk gave out an ultimatum to the staff making them choose between “extremely hardcore” working hours or risk losing their jobs.According to a report by India Today, Musk had also given the option to employees that those who want to quit wil...