Credit Suisse staff are reportedly flooding recruiters with calls about new jobs. Spencer Platt/Getty Images Credit Suisse staff have swamped recruiters across the globe amid the UBS deal, per Bloomberg. It said one recruiting firm had 30 calls on Monday, ...
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Posted in Job Cuts, Laid Off, Layoffs, Mark Zuckerberg, Meta, Tech, Tech Insider, Tech layoffs
I was just laid off from Meta. We knew more cuts were coming from the news before Mark Zuckerberg even told us, and the way the layoffs were ultimately handled was very cold.
BrightMary Prescott says she and her teammates preemptively said their goodbyes to each other last week in anticipation of Meta’s latest layoffs. Mary Prescott Mary Prescott was just laid off from Meta after the company announced it’s cutting 10,000 more ...
Posted in as told to, Careers, Economy, Finance, Firing, Job Cuts, Laid Off, Layoffs, Mass layoffs, News, Tech Insider, Tech layoffs, Unemployed, Unemployment
I’m a Stanford professor who’s studied organizational behavior for decades. The widespread layoffs in tech are more because of copycat behavior than necessary cost-cutting.
BrightStanford professor Jeffrey Pfeffer says copycat behavior is a key factor in the mass layoffs sweeping tech, finance, and other industries. Nancy Rothstein Industries like tech, media, and finance have slashed thousands of jobs in the past few months. Companies ...