SAP CEO Klein said the 3,000 layoffs are part of a “targeted restructuring in select areas” of the company as well as “to focus more on its core business and profitability.” “While we ...
The tech industry has seen a string of layoffs in the face of uncertain economic conditions. Meta announced a fresh round of cuts on Tuesday, impacting 10,000 employees. Layoffs come as digital ...
"Leaner is better," Zuckerberg wrote in a 2,200-word opus of a memo last week announcing the company's second round of major layoffs in four months. The latest cuts, which will affect about 10,000 ...
The cuts come less than six months after the company disclosed 11,000 layoffs in November as CEO Mark Zuckerberg seeks to make the business more efficient. Already a subscriber? Sign In ...