Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company. “Today, a few teams at Meta are making changes to ensure resources are aligned with their long-term strategic goals and location strategy,” said a Meta spokesperson […]
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ByteDance’s TikTok is laying off hundreds of employees, mainly in Malaysia, according to Reuters. The cuts come as the social network is increasingly turning to AI for content moderation. The cuts do not impact employees in the U.S. Although TikTok did not provide the exact number, it said that less than 500 people were affected. […]
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Welcome back to Week in Review. This week, we’re diving into the recent layoffs at Meta; the fallout from the battle between WordPress and WP Engine; and whether Cybertrucks are simply too big to exist in Europe. Let’s get into it. Multiple teams at Meta were hit by layoffs this week. The company confirmed the […]
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Russian cybersecurity giant Kaspersky is shutting down its office in the United Kingdom and laying off its staff, just three months after the company started closing down its U.S. operations and laying off dozens of workers, TechCrunch has learned. Kaspersky spokesperson Francesco Tius said in an email to TechCrunch that the company “will commence a […]
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Venture capital firm NFX laid off four employees in September as the firm looks to “rebalance” its resources from its software and product teams to its investing team, general partner Pete Flint told TechCrunch. The layoffs included one product leader and three engineers, Flint said. About a week ago, Amy Lin, chief product officer since […]
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