Posts tagged Facebook

    Google Axes 12,000 Jobs As Big Tech Layoffs Continue

    January 25, 2023 // The Google layoffs follow heavy jobs cuts at Facebook parent company Meta, Amazon, Microsoft, Salesforce and numerous other firms as higher interest rates and fears of a recession hammer the tech sector. According to an analysis conducted earlier this week by The Standard, tech companies have laid off roughly 90,000 workers in the last year and more than 12,000 workers in San Francisco during this month alone. Those layoffs span major local employers such as Salesforce and a smattering of smaller startups.

    Salesforce to cut workforce by 10% after hiring ‘too many people’ during the pandemic

    January 5, 2023 // In a letter to employees and a corresponding filing with the Securities and Exchange Commission (SEC), Salesforce CEO Marc Benioff referenced the “challenging” environment in which it’s operating, pointing to the “more measured approach” its customers are making with their purchasing decisions. Similar to other companies hit by significant layoffs over the past year, Benioff added that Salesforce had hired too many people through the pandemic during the boom times. For context, the company claimed 79,000 employees last February, a 30% increase on 2020.

    Bernie Sanders blasts Starbucks CEO for not unionizing nationwide

    August 29, 2022 // Sen. Bernie Sanders (I-VT) railed against Starbucks CEO Howard Schultz in various social media posts over his opposition to unionizing the cafes.

    Murphy calls NJ Transit union walk-out ‘despicable’ as engineers agree to court order

    June 22, 2022 // The union representing NJ Transit locomotive engineers agreed to a temporary ban on anything that can be construed as a work stoppage, according to court documents. The union's agreement — following a holiday weekend in which nearly 500 locomotive engineers called out of work and hundreds of trains were canceled — resulted in a hearing scheduled for Tuesday to be canceled. U.S. District Judge Catherine O'Hearn, NJ Transit,

    Ongoing concrete union strike snarls projects, including light rail expansion

    January 29, 2022 // An ongoing strike of concrete truckers and drivers is slowing down or stopping major projects in the Seattle region, including the light rail expansion, resulting in hundreds of layoffs. Ongoing concrete union strike snarls projects, including light rail expansion.