Getting laid off from PayPal was a blessing in disguise that enabled me to turn my online side hustle into a full-time business

Tech Insider
Cinneah El-Amin
Cinneah El-Amin is the founder of Flynanced.

courtesy of El-Amin

Read the full memo: McDonald's outlines plans for layoffs and shift in strategy

Tech Insider
McDonald's headquarters in Chicago
McDonald's headquarters in Chicago

Michael Ochs Archives / Getty Images

I'm a career consultant, and I'm now telling clients to expect to apply to 100 jobs before getting an offer

Tech Insider
Maddie Macho
Maddie Macho.

Maddie Macho

Salesforce employees are not happy

Tech Insider

We made it to Friday, readers. I'm Paayal Zaveri and it's another busy one today. 

There's no way around it: The biggest news of the day doesn't come from the world of tech. 

I got laid off from Meta. Here's how being a TikTok and Instagram creator gave me more time to evaluate my future after being let go.

Tech Insider
Rawan got laid off from her product-marketing job at Meta in November 2022.
Rawan, who prefers not to publicly disclose her last name, got laid off from her product-marketing job at Meta in November 2022.

Rawan

I got fired from my $190,000 job at Meta for posting on TikTok, but there wasn't much real work for recruiters like me to do

Tech Insider
Maddie Macho
Maddie Macho says her team barely had work to do.

Maddie Macho

Virgin Orbit, Richard Branson's satellite company, is laying off 85% of staff and reportedly ceasing operations 'for the foreseeable future'

Tech Insider
Sir Richard Branson
Sir Richard Branson, founder of Virgin Orbit.

Mark Greenberg

Salesforce COO warns there may be even more job cuts coming to 'change and reshape' the company

Tech Insider
People wear protective face masks outside Salesforce Tower.
Salesforce recently cut around 8,000 roles.

Noam Galai/Getty Images

I'm a Stanford professor who's studied organizational behavior for decades. The widespread layoffs in tech are more because of copycat behavior than necessary cost-cutting.

Tech Insider : Economy
Stanford professor Jeffrey Pfeffer
Stanford professor Jeffrey Pfeffer says copycat behavior is a key factor in the mass layoffs sweeping tech, finance, and other industries.

Nancy Rothstein

Tech workers feel jilted and betrayed by how firms like Meta and Google handled layoffs. HR professionals say the issue isn't malice, it's just poor planning.

Tech Insider
man getting laid off and waving goodbye
Former employees of companies like Google and Meta say they were treated poorly in the layoff process. HR pros say it wasn't out of malice, but rather logistical challenges.

andresr/Getty Images

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