Salesforce, Beyond Meat, Meta, Twitter, Lyft, Intel, Snap, Robinhood. Here are the companies making major layoffs

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

From Salesforce and Beyond Meat to Meta and Twitter, big names across a number of sectors have announced major layoffs in October and November.

Salesforce Inc. CRM, +10.02% laid off hundreds of employees from its sales team, according to news reports, as the tech sector continues to wrestle with a challenging economic environment.

‘The housing market will get smaller in 2023,” Kelman wrote in an email to staff. “A layoff is awful but we can’t avoid it,” he added. “Not only has online commerce returned to prior trends, but the macroeconomic downturn, increased competition, and ads signal loss have caused our revenue to be much lower than I’d expected,” he wrote in a post on the company’s public newsroom. “I got this wrong, and I take responsibility for that.”

The cuts, which came just before the midterm elections, have also sparked concern about the microblogging site’s ability to fight misinformation in the postelection period.In November, Lyft Inc. LYFT, +6.02% announced plans to lay off 13% of its workforce, or about 683 employees. The ride-hailing company’s executives described the move as a proactive step as they eye a possible recession and plan for the coming year.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 3. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Investors have no beef with Beyond Meat despite poor earnings as shares soarShares in plant-based meat maker Beyond Meat surged Thursday even though the company issued a downbeat profit report late Wednesday.
Fuente: nypost - 🏆 91. / 67 Leer más »

Meta plans major job cuts at Facebook as tech companies implement layoffsFacebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it... Where’s the outrage!?
Fuente: HoustonChron - 🏆 609. / 51 Leer más »