Mon. 11/07 – Meta Layoffs Incoming?
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 7 November 2022
⏱️ 20 minutes
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| 0:00.0 | Welcome to the Tech Name Right Home for Monday, November 7th, 2022. |
| 0:07.5 | I'm Brian McCullough today. |
| 0:09.2 | Looks like those rumors of massive meta layoffs might be coming true this week. |
| 0:14.3 | COVID has led to brand new iPhone shortage worries. |
| 0:17.8 | Is Apple about to make it easier to invoke Siri? |
| 0:20.7 | Airbnb has made it easier to understand the true cost of a rental, and this weekend in the |
| 0:25.6 | Twitter Clown Car. |
| 0:27.2 | Here's what you missed today in the world of Tech. |
| 0:29.6 | Well, I'd been hearing rumblings about this as I told you probably about a month ago, and now |
| 0:39.0 | basically every venue covering tech is reporting what I heard that Meta plans to lay off thousands of employees |
| 0:45.8 | as soon as this week with an announcement expected as soon as November 9th. |
| 0:50.8 | This would mark the first broad staff cuts in Meta slash Facebook's entire history, |
| 0:56.7 | quoting the journal. |
| 0:57.7 | Meta reported more than 87,000 employees at the end of September. |
| 1:01.3 | Company officials already told employees to cancel non-essential travel beginning this week. |
| 1:06.1 | The people said, the planned layoffs would be the first broad head count reductions to occur |
| 1:10.9 | in the company's 18-year history, while smaller on a percentage |
| 1:14.4 | basis than the cuts at Twitter this past week, which hit about half of that company's |
| 1:18.9 | staff, the number of Meta employees expected to lose their jobs could be the largest to date at a major technology |
| 1:24.8 | corporation in a year that has seen a tech industry retrenchment. |
| 1:28.9 | The Wall Street Journal reported in September that Meta was planning to cut expenses by |
| 1:32.4 | at least 10% in the coming months, |
... |
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