Affected by inflation and poor economic conditions, many large technology companies in the United States have recently announced layoffs or suspended hiring.
Mark Zuckerberg, CEO of Meta, the parent company of the American social media platform Facebook, wrote in a letter to employees on the 9th: "I have decided to reduce the size of our team by 13% and lay off more than 11,000 people. We will also cut discretionary spending and extend our hiring freeze through the first quarter of 2023 in order to become a leaner, more efficient company.”
According to reports, this is the first large-scale layoff of the "Meta" company since its establishment. The company also intends to implement "station sharing" measures to reduce office space.
After completing the acquisition of Twitter, a well-known American social media platform not long ago, American entrepreneur Elon Musk began a large-scale layoff plan. The layoff ratio was nearly 50%, about 3,700 people, in order to improve Twitter’s current situation. Losses and debt problems.
The US online car-hailing company Lift also announced layoffs on the 3rd. Lift CEO Logan Green and President John Zimmer said the company will cut 13% of its workforce, with all divisions affected. In a filing with the U.S. Securities and Exchange Commission that day, Lift said it would lay off about 683 employees in response to a possible recession and worsening economic conditions.
Patrick Collison, CEO of Stripe, an online payment service headquartered in San Francisco, said in a letter to employees on the 3rd that amid rising inflation, economic recession, rising interest rates, energy crises, tight investment budgets and a shortage of startup funds Under the influence of , the company will lay off 14% of its workforce, or about 1,100 employees.