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TechCrunch Daily Crunch

Instagram cuts a layer of management

TechCrunch Daily Crunch

SpokenLayer

Tech News, Technology, News

438 Ratings

🗓️ 13 January 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

Instagram cuts 60 jobs, eliminating a layer of management at the company; Threads will allow you to follow Mastodon users by year-end, according to Meta meeting details; Hertz is selling its EVs because it botched the rollout for ride-share drivers Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:07.0

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0:13.0

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0:44.9

station dot com code tech news here's your daily crunch coming up hurts is

0:50.8

taking a U-turn on EVs.

0:53.0

But first, Instagram has cut 60 technical program manager positions, eliminating a layer of management

0:59.4

at the company, according to a new report from the information. The impacted employees have two months to a new report from the information.

1:03.0

The impacted employees have two months to apply for other jobs at the company.

1:07.0

After the two month period, their employment will be terminated if they are unable to secure a different role at the company.

1:13.7

In a LinkedIn post, a former Instagram employee noted that some technical program managers may

1:18.1

be expected to re-interview for PM roles or Project Manager roles.

1:23.4

The information reports that Instagram has also notified employees

1:26.7

about a reorganization of product teams,

1:29.4

as it has decided to create three new focus areas for the team that is tasked with helping people create

1:35.9

and share content on the social network.

1:38.3

The three new focus areas are creation, creators, and friend sharing.

1:43.4

And speaking of Instagram,

...

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