Facebook employees are preparing for staff cuts of up to 10%

  • Date: 26-Jul-2022
  • Source: Business Insider
  • Sector:Industrial
  • Country:Jordan
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Facebook employees are preparing for staff cuts of up to 10%

Yes, you. While major industry figures like Elon Musk believe is the only way to "change the world," research suggests working less can actually — and happier. Plus, as we stare down a big week for , some Meta employees are bracing for the worst: . I'm your host, Jordan Parker Erb. Let's get to it. Facing new performance requirements and a tougher market, some Meta (formerly known as Facebook) employees believe the company could reduce headcount by this year. After throwing away a hard drive holding $176 million worth of bitcoin nine years ago, James Howells has devised a plan — which includes — to retrieve it. The cloud-storage firm pays senior talent up to $235,000 — and it's remote-first. We rounded up salary ranges for engineers, data scientists, managers, and more. In its Q2 earnings report, the social-media company said it had already incurred $33 million in costs related to Musk's "pending acquisition," and those costs are expected to balloon even further as the two prepare to face off in court. Studies have shown the ideal work day is actually around five hours long, and that the most successful — and the happiest — employees are those who