parent Meta announced its largest ever large-scale redundancies this week. An eye-watering 11,000 staff are being let go. Add that to around 4,000 Twitter workers that Elon Musk is letting go and you’ve got a very swollen tech labor market all of a sudden. Not the most festive news as we head towards the holiday season.
Read my report New ‘Chief Twit’ Elon Musk’s plan to charge users for their much-valued Blue-Checks — effectively allowing anyone with $8 a month to spare to become verified — began to predictable chaos this week. Many were already migrating over to emerging social site Mastodon , but ultra-free speech proponent Musk is convinced this is one way the platform can use to make much needed money.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: