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Meta lays off employees at WhatsApp and Instagram, the Verge reports

Economic Times

Economic Times · 1y ago

Meta lays off employees at WhatsApp and Instagram, the Verge reports

Meta is reportedly laying off employees in various units, including Instagram, WhatsApp, and Reality Labs. The company stated that the changes are being made to align with their long-term strategic goals and location strategy. Although the exact number of job cuts was not specified, it was described as small. Separately, Meta also reportedly fired around two dozen staff in Los Angeles for misusing their daily meal credits. These terminations are in addition to the previous job reductions that Meta has implemented since November 2022. However, the company's shares have been performing well, and it recently surpassed market expectations for revenue in its second-quarter results.

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Unacademy lays off 250 employees

Inshorts · 1y ago

Unacademy lays off 250 employees

Edtech unicorn Unacademy has laid off 250 employees across several departments, media reports said. Around 100 laid-off employees were from core functions like marketing, business and product, while the rest were from sales. "As part of our ongoing efforts to streamline operations and enhance business efficiency, we have recently undergone a restructuring exercise," an Unacademy spokesperson said.

Edtech startup Scaler lays off 150 employees

Inshorts · 1y ago

Edtech startup Scaler lays off 150 employees

Scaler, an upskilling platform for techies, has laid off about 150 employees, reports said on Wednesday. The layoffs at the Bengaluru-based startup come a year after the platform said it expanded its workforce by over 150% to 2,000, compared to 800 employees in February 2022. IIIT Hyderabad alums Anshuman Singh and Abhimanyu Saxena founded Tiger Global-backed Scaler in 2019.

Meta fires two dozen LA staff for ‘misusing’ meal vouchers to buy non-food, household items

Livemint

Livemint · 1y ago

Meta fires two dozen LA staff for ‘misusing’ meal vouchers to buy non-food, household items

Facebook's parent company, Meta, has fired approximately 24 employees in their Los Angeles office for misusing their $25 meal vouchers. Instead of using the vouchers for food, the employees were found to have purchased non-food items such as household goods. Meta's food allowance is $75 per day, and the employees who were fired were considered habitual abusers of the system. This incident comes amidst a broader team reorganization at Meta, resulting in job cuts across WhatsApp, Instagram, and Reality Labs.

TikTok lays off employees to reduce costs

Economic Times

Economic Times · 2y ago

TikTok lays off employees to reduce costs

TikTok has laid off a certain number of employees in its sales and advertising division in an effort to reduce costs. While reports vary, it is estimated that around 60 to at least 100 employees were asked to leave. This move follows a series of job cuts from other tech companies, including Google and Amazon. Despite the layoffs, TikTok still has around 7,000 employees in the US and over 150 million active users in the country.

Meta lays off 3,600 workers—Then hands execs up to 200% in bonuses

Economic Times

Economic Times · 11m ago

Meta lays off 3,600 workers—Then hands execs up to 200% in bonuses

Meta recently laid off 3,600 employees and announced significant bonuses for its executives, increasing them to 200% of their base salary. This decision was made to align executive compensation with industry peers and retain top talent. However, the timing, following mass layoffs cited as due to "low performance," sparked criticism and backlash online. Many former employees accused Meta of unfair dismissals driven by cost-cutting rather than performance, intensifying scrutiny on the company's leadership.

Meta to lay off 5% of workforce amid AI-driven restructuring efforts

YourStory

YourStory · 1y ago

Meta to lay off 5% of workforce amid AI-driven restructuring efforts

Meta, the parent of Facebook, Instagram, and WhatsApp, plans to cut 5% of its workforce, aiming at low performers. Around 3,600 employees will be affected. CEO Mark Zuckerberg stated this move aims to enhance performance management. He also revealed plans to replace some roles with AI by 2025. Other tech giants like Salesforce are making similar moves, citing improved productivity through AI, with Salesforce also expanding its sales workforce significantly.

WhatsApp to allow sharing status updates on Instagram.

Livemint

Livemint · 2y ago

WhatsApp to allow sharing status updates on Instagram.

Meta-owned platforms Instagram and WhatsApp are expected to become even more integrated, as WhatsApp plans to enable users to share their status updates directly as Stories on Instagram. This move follows WhatsApp's existing feature allowing users to share status updates on Facebook. The integration is believed to enhance the sharing process across platforms, although the lack of photo and video editing features on WhatsApp may leave Instagram users feeling that something is missing. Additionally, WhatsApp has introduced an AI chat feature that enables swift access to AI-powered chats.

WhatsApp is down worldwide and stuck on connecting

The Verge

The Verge · 1y ago

WhatsApp is down worldwide and stuck on connecting

WhatsApp experienced a global outage, impacting its 2 billion users. Users faced connection issues, with the service stuck on "connecting." Messages were not delivered until the service was restored. The outage also affected Meta's business APIs for WhatsApp, Messenger, and Instagram. While the issues seemed to be resolved by 4 PM ET, Meta has not provided an official response. Additionally, some users reported problems with Facebook and Instagram, but access appears to have been restored. This outage follows a recent Meta outage that affected Facebook, Instagram, Messenger, and Threads.

Instagram, WhatsApp and Facebook face global outage, services remain disrupted | Mint

Livemint

Livemint · 1y ago

Instagram, WhatsApp and Facebook face global outage, services remain disrupted | Mint

Facebook-owned platforms, including Instagram, WhatsApp, and Facebook, are currently experiencing widespread outages. Users around the world are reporting issues with sending messages and accessing the apps. Downdetector has recorded a significant increase in complaints, with Instagram and Facebook both receiving over 70,000 and 100,000 reports, respectively. Meta has acknowledged the problem and assured users that they are working to resolve the technical issue. The cause of the outage is currently unknown. Meanwhile, social media is filled with humor and memes as users turn to Twitter to check if the platforms are down for everyone.

Meta to temporarily shut down social media platform Threads in Turkey

Economic Times

Economic Times · 1y ago

Meta to temporarily shut down social media platform Threads in Turkey

Meta Platforms will temporarily shut down its social media platform, Threads, in Turkey from April 29th to comply with an interim order from the Turkish competition authority. However, there will be no impact on Meta's other social media platforms such as Facebook, Instagram, and WhatsApp in Turkey. This decision comes after the Turkish competition authority imposed an interim measure on Meta, aimed at limiting data sharing between Instagram and Threads, as they investigate possible abuse of Meta's dominant market position.

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