Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
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Meta announces 5% cuts in preparation for 'intense year.' Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.NBC News - 9h -
Meta to Cut 5% of Staff as Zuckerberg Says He Will 'Raise the Bar'
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.”The Wall Street Journal - 11h -
‘I read 35 books this year!’: the Guardian readers who cut their phone use in 2024
It’s been a year since we launched the Reclaim Your Brain newsletter, so we reached out to subscribers to see how they’re doing. Haven’t signed up yet? Start your free, five-week plan to reduce ...The Guardian - 1d -
Amazon to halt some of its DEI programs: Internal memo
The company said it is in the process of "winding down outdated programs and materials" as part of a broader review of hundreds of initiatives.CNBC - 4d -
Meta announces end of DEI programs. Read the internal memo
Meta says it plans to end a number of internal DEI programs, designed to increase the company's hiring of diverse candidates.CNBC - 4d -
Meta cutting DEI team, programs in broad shift
Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...The Hill - 4d -
Meta ends third-party fact-checking scheme as it prepares for return of Trump
Facebook owner to copy community notes pioneered by Elon Musk’s XFinancial Times - Jan. 7 -
GOP memo: Congress likely can't slash certain infrastructure law programs for tax cuts
Politico - Jan. 6 -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6
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South Korea's President Yoon Suk Yeol arrested as agencies probe his short-lived martial law decree
This was the second bid to arrest the impeached president, following a failed attempt on Jan. 3.CNBC - 51m -
Microsoft pauses hiring in U.S. consulting unit as part of cost-cutting plan, memo says
Microsoft plans to pause hiring in part of its consulting business in the U.S., according to an internal memo, as the company seeks ways to reel in expenses.CNBC - 6h -
New Zealand won't 'get rich' by focusing trade in the South Pacific alone, PM says
New Zealand is the latest country to sign an economic partnership with the United Arab Emirates.CNBC - 1h -
Intel to spin off venture capital arm as chipmaker continues to restructure
Intel said Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm.CNBC - 5h -
Fund manager reveals what needs to change for her to invest in luxury stocks
Hannah Gooch-Peters of Sanlam Investments explains why she's cautious on luxury stocks like LVMH.CNBC - 5h
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South Korea's President Yoon Suk Yeol arrested as agencies probe his short-lived martial law decree
This was the second bid to arrest the impeached president, following a failed attempt on Jan. 3.CNBC - 51m -
New Zealand won't 'get rich' by focusing trade in the South Pacific alone, PM says
New Zealand is the latest country to sign an economic partnership with the United Arab Emirates.CNBC - 1h -
South Korea’s President Yoon arrested after stand-off with police
Predawn raid on impeached leader’s compound marks latest twist in political crisis over failed martial law bidFinancial Times - 2h -
SEC lawsuit against Elon Musk is a big political test for Trump administration
Trump appointee Paul Atkins is set to face a major minefield upon taking over leadership of the SEC, given Musk’s close ties to the incoming president.MarketWatch - 2h -
Cookies, Cocktails and Mushrooms on the Menu as Supreme Court Hears Bank Fraud Case
In trying to find the line between false statements and misleading ones in the case of a Chicago politician, members of the Supreme Court posed colorful questions.The New York Times - 3h