Lyft is reportedly slashing 1,200 jobs — at least 30% of its staff. It's struggling to keep up with Uber.

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Lyft sign
Lyft is cutting 1,200 employees — or 30% of staff — according to the WSJ.

Associated Press

Amazon-owned Whole Foods is laying off hundreds of corporate employees and axing some regional offices

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Whole Foods tour
Whole Foods is laying off hundreds of corporate employees, according to a memo sent to the company on Thursday.

Mary Meisenzahl/Insider

Mark Zuckerberg isn't ruling out future layoffs at Meta 'given the volatility,' a report says

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Mark Zuckerberg at the Paley Center For Media on October 25, 2019
Mark Zuckerberg speaks at the Paley Center For Media in 2019.

Drew Angerer/Getty Images

Artificial intelligence will make Big Tech even bigger. Something needs to be done about the power imbalance, researchers warn

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Good morning, readers. I'm Diamond Naga Siu, and I enjoy some of Taylor Swift's music but definitely don't consider myself a Swiftie.

I do, however, find myself enchanted by her financial knowledge.

Meta employees criticize Mark Zuckerberg's second round of layoffs in an internal forum: 'you've shattered the morale and confidence in leadership,' report says

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A composition shows a white sign with Meta's
Meta's headquarters, and Mark Zuckerberg.

NOAH BERGER/AFP via Getty Images; Abdulhamid Hosbas/Anadolu Agency via Getty Images

The user who invented the hashtag has reportedly left Twitter, saying the company 'deserved more dignity and consideration than it's received in the last six months'

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Elon Musk and a Twitter logo are seen in this illustration photo in Warsaw, Poland on 30 November, 2022. The revamped Blue Twitter subscription might not be available as in-app purchase on Apple devices when it eventually relaunches. The decision presumably was made so that Twitter can dodge Apples 30 percent cut of App Store purchases. While Elon Musk is publicly tweeting his displeasure with Apple, it appears he wants to avoid having to pay Apples fees.

Meta's latest round of layoffs will hurt productivity and damage employee morale

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Meta

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Meta's latest round of job cuts appears to have begun, with workers posting on LinkedIn that they have been laid off

Tech Insider : Economy
Facebook founder and CEO Mark Zuckerberg at the company's first conference dedicated to messaging
Facebook founder and CEO Mark Zuckerberg.

Facebook/Meta

McDonald's is making 4 key changes to its burgers — here's what to expect

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McDonald's new burger with caramelized onions and melted cheese
McDonald's is adding caramelized onions, softer buns, and melted cheese to its classic cheeseburgers.

McDonald's

Ex-Salesforce employee says she was 'washing baby bottles' on maternity leave when she learned she was laid off

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People wear protective face masks outside Salesforce Tower.
Former Salesforce employee McKenzie Gregory (not pictured) wrote on LinkedIn that she found out she was laid off while on maternity leave.

Noam Galai/Getty Images

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