Many “teams will stay flat or shrink over the next year,” Meta chief executive Mark Zuckerberg said, as the company continues to face economic challenges
redundancy
Latest in redundancy
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Twitter asks fired employees to come back
Of the 3,700 employees that were let go on Friday, some of them were laid off “by mistake”
Bitcoin
UAE’s BitOasis fires nine employees amid global crypto downturn
The move happens on the back of extreme volatility in the crypto market where major digital coins, including Bitcoin, were hit by a shop drop in valuation
Bitcoin
Job cuts and hiring freezes follow crypto crash as Coinbase, Bahrain’s Rain ‘make tough decisions’
Bahrain’s Rain has laid off dozens of employees; Winklevoss-brothers owned Gemini Trust has slashed 10 percent of its staff; and Coinbase has stopped hiring for the ‘foreseeable future’
DP World
P&O Ferries CEO should resign over redundancy controversy, says UK Transport Secretary
The CEO has acted with “incredible arrogance,” according to the secretary
DP World
DP World-owned P&O Ferries makes 800 redundancies as company aims to recover from $131m financial black hole
The UK ferry firm took action after concluding it “is not a viable business,” a spokesperson said
redundancy
Dealing with the emotional impact of redundancy
Losing your job can have a massive emotional as well financial impact. But it’s important to stay positive and keep looking forward