Familiar-Turtle
Familiar-Turtle OP t1_izzecse wrote
Reply to Meta ends $200-a-month Lyft rides perk for its 76,000 employees as cost-cutting continues by Familiar-Turtle
The move comes as Meta seeks to reduce exorbitant costs in the face of declining profits and recession. The Lyft rides for employees costed up to an estimated $180 million per year for the company’s 76,000 employees.
To those with no business insider account: https://www.removepaywall.com
Familiar-Turtle OP t1_j4rftvw wrote
Reply to Microsoft to cut thousands of jobs - Sky News by Familiar-Turtle
(Reuters) - Microsoft Corp is contemplating cutting about 5% of its workforce, or about 11,000 roles, U.K broadcaster Sky News reported on Tuesday, citing sources.
The reported layoffs would be the latest in the U.S. technology sector, where companies like Amazon.com Inc and Alphabet Inc have announced retrenchment exercise in response to slowing demand and deteriorating economy.