Some Meta employees are getting paid to do 'zero work' as the company embarks on a 'year of efficiency': Financial Times

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Meta Mark Zuckerberg
Meta CEO Mark Zuckerberg told investors that 2023 will be the "year of efficiency" for the company.

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An ex-Googler said finding out they'd get far less stock than expected felt like a 'second kick in the chest' after losing their job

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Sundar Pichai, CEO of Google's parent company Alphabet
Sundar Pichai is CEO of Google's parent company Alphabet.

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Twitter went down because an employee accidentally deleted data, and there was nobody left on the team responsible due to Elon Musk's cuts, report says

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Twitter suffered a "massive outage" on Wednesday.

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Twitter founder Jack Dorsey mocked new owner Elon Musk's company over a major outage, saying it used to be where people talked 'when anything went down'

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Jack Dorsey and Elon Musk
Jack Dorsey and Elon Musk, former and current Twitter CEOs.

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I was laid off from Meta and now I post on TikTok about being unemployed to help motivate others

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Alejandra Hernandez headshot
Alejandra Hernandez started posting to TikTok shortly after learning she'd been swept up in Meta's layoffs. She says it's helped her mental health, her job hunt, and her side hustle.

Cari Courtight Photography via Alejandra Hernandez

Here's why it's always a good time to start a business, despite inflation, layoffs, and a possible recession

Tech Insider : Economy
female shop owner in shop door way.
Americans created 10.5 million businesses in 2021 and 2022.

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Disney stock has 18% upside as CEO Bob Iger looks to transform the company, Bank of America says

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A millennial who got laid off from her dream job says she doesn't feel betrayed: 'The company has already moved forward and you need to do so too'

Tech Insider : Economy
Michelle Valera

Michelle Valera TikTok

Twitter suffers 'massive outage' under Elon Musk leaving users unable to tweet, message and more

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Newly returned Disney CEO Bob Iger is cutting 7,000 jobs and reorganizing the company

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Bob Iger
Iger.

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  • Disney CEO Bob Iger announced layoffs on Wednesday.
  • 7,000 jobs will be cut.
  • Iger returned as CEO in November. 

Disney CEO Bob Iger is looking to cut costs and reorganize the company, announcing sweeping layoffs on Wednesday.

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