Tag:

Jeff Bezos

Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports
Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports Meta will cut thousands of employees in the latest move for the controversial company that owns platforms like Facebook and Instagram, according to reports. An internal memo sent to Meta workers said five percent of low-performing employees will be terminated, Bloomberg News reported. The company that also owns WhatsApp and Threads has more than 72,000 employees, according to Meta's most recent quarterly report. A five-percent reduction would mean about 3,600 people could lose their jobs. "I've decided to raise the bar on performance management and move out low-performers faster,…
Layoffs Loom At Washington Post Amid Talent Exodus, Financial Struggles: Report Layoffs Loom At Washington Post Amid Talent Exodus, Financial Struggles: Report
Layoffs Loom At Washington Post Amid Talent Exodus, Financial Struggles: Report The Washington Post is bracing for significant layoffs this week, with dozens of employees in the business division expected to lose their jobs, according to a report. Layoffs are set to shake The Washington Post, targeting the business division of the Jeff Bezos-owned and Will Lewis-led newspaper, Oliver Darcy reported in his Status newsletter. Sources said the cuts will be substantial, potentially impacting dozens of employees. The news comes as morale continues to plummet at the newspaper, which has recently experienced a wave of high-profile departures. Star reporter Josh Dawsey is…
Amazon Dismissed Warnings On High Rates Of Worker Injuries, Report Says Amazon Dismissed Warnings On High Rates Of Worker Injuries, Report Says
Amazon Dismissed Warnings On High Rates Of Worker Injuries, Report Says ityAmazon is under fire following a US Senate report accusing the company of prioritizing speed over worker safety.  Released by the majority staff of the Senate Health, Education, Labor, and Pensions (HELP) Committee late Sunday night, Dec. 15, the report claims Amazon’s intense focus on productivity has led to unsafe working conditions. The Senate report outlines how Amazon’s warehouse workers face high rates of musculoskeletal disorders (MSDs) and other injuries caused by repetitive tasks and demanding quotas.  It accuses Amazon of knowingly exposing employees to these risks, …