Layoffs

Meta Cutting Another 10,000 Jobs Due to ‘New Economic Reality’

Meta Cutting Another 10,000 Jobs Due to ‘New Economic Reality’
Meta Cutting Another 10,000 Jobs Due to ‘New Economic Reality’
March 14, 2023  |  Facebook / Meta

Meta plans to lay off another 10,000 employees after cutting 11,000 jobs in November. The company will also freeze hiring for another 5,000 roles that...

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Grubhub CEO Exits Amid Turmoil in On-Demand Delivery Industry
Grubhub CEO Exits Amid Turmoil in On-Demand Delivery Industry
March 14, 2023  |  Delivery

Grubhub’s chief executive is stepping down as economic pressures transform the landscape of on-demand delivery. On Monday (March 13), the Chicago-based aggregator, a subsidiary of...

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Report: New Meta Layoffs Could Rival Last Year’s Job Cuts
Report: New Meta Layoffs Could Rival Last Year’s Job Cuts
March 12, 2023  |  Facebook / Meta

Meta is reportedly planning multiple rounds of job cuts that could match last year’s layoffs. The cuts could come over the next few months and...

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Gopuff Demand Apparently Not as Quick as Its Cash Burn
Gopuff Demand Apparently Not as Quick as Its Cash Burn
March 10, 2023  |  Delivery

As economic pressures rack the on-demand delivery industry, Gopuff has undergone another round of layoffs. The convenience retail delivery service cut around 2% of its...

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Report: Meta Set to Cut Thousands of Jobs
Report: Meta Set to Cut Thousands of Jobs
March 07, 2023  |  Facebook / Meta

Meta is reportedly preparing to cut thousands of jobs in another round of layoffs. The workforce reduction could come as soon as this week, Bloomberg...

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FIS to Spin Off Worldpay Merchant Services Business Acquired in 2019
FIS to Spin Off Worldpay Merchant Services Business Acquired in 2019
February 12, 2023  |  Platform Payments

FIS is reportedly planning to spin off Worldpay, the merchant services business it acquired in 2019. The payments giant is apparently looking to undertake a...

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‘Mess’ Reported at Meta as Company Plans New Layoffs
‘Mess’ Reported at Meta as Company Plans New Layoffs
February 12, 2023  |  Facebook / Meta

Meta CEO Mark Zuckerberg’s “year of efficiency” is reportedly off to a rocky start. The company has delayed the budgets for several of its teams...

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Deliveroo Cuts 9% of Global Workforce, Citing ‘Economic Headwinds’
Deliveroo Cuts 9% of Global Workforce, Citing ‘Economic Headwinds’
February 09, 2023  |  Delivery

Deliveroo is laying off 9% of its global workforce. In an open message published on the company’s website on Thursday (Feb. 9), Deliveroo CEO and founder Will...

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