Employees across multiple teams across Meta have been laid off as the company looks to “ensure resources are aligned with their long-term strategic goals,” in the words of its emailed statement to TechCrunch. What Meta did not detail was the scope or specific teams affected by the layoffs, though Threads, recruiting and legal were confirmed not to be unaffected.
Boeing
Will cut 10% of its workforce, impacting roughly 17,000 employees. The cuts follow a loss of $9.97 a share in Q3 amid a continued machinist union strike.
Stellantis
Is laying off 1,100 employees in Michigan, impacting the company’s subsidiary brands Chrysler, Jeep, Ram, and Dodge.
TikTok
Is laying off hundreds of employees, mainly in Malaysia, as the social network turns to AI for content moderation. The company said fewer than 500 people were affected.