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Microsoft Fires Hundreds More Workers Amid AI-Fueled Growth, Calls It Positioning The Company For 'Success'
Monday, June 2, 2025 - 11:36pm | 498Just weeks after announcing its largest round of layoffs in years, Microsoft Corporation (NASDAQ:MSFT) has decided to eliminate hundreds of additional jobs. What Happened: On Monday, more than 300 Microsoft employees were told that their roles had been cut, reported Bloomberg, citing a Washington...
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Microsoft Cracks Down On Underperformers With New Policies, Including 2-Year Rehire Ban: Report
Tuesday, April 22, 2025 - 6:41am | 523Microsoft Corp. (NASDAQ:MSFT) is reportedly implementing new performance management policies, including a two-year rehire ban for underperforming employees. What Happened: The company's chief people officer, Amy Coleman, informed managers about new tools to accelerate high performance and quickly...
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Meta Stock Has Soared Almost 50% Over A Year But Now The Company Is Slashing Staff Stock Awards As It Braces To Face OpenAI, Amazon And Others In AI Race
Friday, February 21, 2025 - 1:17am | 602Meta Platforms, Inc. (NASDAQ:META) is reportedly cutting stock-based compensation for employees as it pours billions in capex to compete with industry leaders like OpenAI, Alphabet, and Amazon. What Happened: Meta has reduced its annual equity-based awards by about 10% for most of its employees,...
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Mark Cuban Hands Out $35M In Bonuses To Mavericks Employees: 'It Was Life-Changing Money'
Sunday, December 1, 2024 - 4:00pm | 422Billionaire entrepreneur and investor Mark Cuban, who owns the Dallas Mavericks, has transformed the lives of many of his employees by making them millionaires. What Happened: After acquiring majority ownership of the Mavericks in 2000, Cuban, known for his innovative approach and genuine concern...
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OpenAI's Employees See This Latest Creation As 'Ominous' – What Is It?
Saturday, September 21, 2024 - 3:30pm | 432Employees at OpenAI have voiced their dissatisfaction with the company’s proposed new logo, which they have described as “ominous” and lacking in creativity. What Happened: The proposed logo – a large black “O” – was revealed at a recent company-wide meeting. This new...
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Beware Friday The 13th — Elon Musk Is Shutting Down X's San Francisco HQ On An Eerie Date
Friday, August 30, 2024 - 4:04am | 495Elon Musk’s social media company, X, formerly known as Twitter, has reportedly announced the closure of its San Francisco headquarters on the eerie date of Friday, Sept. 13. What Happened: X employees were informed about the closure of the San Francisco office through a brief note on Thursday...
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Elon Musk's X Staff Have To Justify Why They Deserve Stock Grants, With 1-Page Summary Of Their Contributions: Report
Saturday, August 24, 2024 - 4:23am | 640Tesla and SpaceX CEO Elon Musk has reportedly given a new directive to X, formerly Twitter, employees. They need to prove their value to the company to receive their expected stock grants. What Happened: Musk’s social media company intends to distribute stock options based...
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Microsoft's New AI Org Engineers Get Paid The Highest, Salary Significantly Beats Azure Unit Employees, Shows Leaked Spreadsheet
Friday, August 23, 2024 - 2:38am | 768A spreadsheet said to contain the salary information of software engineers at Microsoft Corporation (NASDAQ:MSFT) has been reportedly leaked — shedding light on the tech behemoth’s compensation structure. What Happened: Following performance reviews earlier this year, hundreds of...
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Employees At These Large Companies Are Most Satisfied With Their Pay Packages: Meta, Alphabet (Google) Slipped In The Rankings
Thursday, November 23, 2023 - 11:46am | 729Several tech companies scored well on a recent analysis of employee satisfaction regarding compensation, but none of the usual mega-cap suspects made the top 10. What To Know: Many tech companies, especially cybersecurity firms, performed well on compensation analysis from...
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Amazon Gets Tough On In-office Attendance, Threatening Termination And Risking Employee Backlash
Sunday, October 22, 2023 - 11:51am | 451Amazon has updated its office attendance guidelines, empowering managers to take disciplinary action, including termination, against employees who do not adhere to the company's in-office policy. What Happened: Under the new guidelines, Amazon expects employees to be physically present in...
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Amazon CEO Stands Firm On Return-To-Office Policy Amidst Rising Employee Dissent: 'It's Past The Time To Disagree'
Tuesday, August 29, 2023 - 9:18pm | 732CEO of Amazon.com Inc. (NASDAQ:AMZN), Andy Jassy, remains unyielding about the company’s return-to-office mandate, saying it’s “past time” for employees to adhere to the rule, according to a Business Insider report on Sunday. What Happened: Jassy reaffirmed the company...
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Meta's Office Return Strategy Draws Criticism: Are Corporates Struggling With Trust?
Saturday, August 26, 2023 - 4:19pm | 360Meta Platforms Inc.'s (NASDAQ: META) recently stirred discussions in the corporate world due to the company's updated return-to-office strategy. Meta employees will soon be mandated to mark their presence in the office for a minimum of three days a week and utilize badge swipes...
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Amazon's Pre-Layoff Payroll Peek-a-Boo: The Massive Salaries Of Engineers, Data Scientists, Managers And Others
Wednesday, April 12, 2023 - 9:28am | 575E-commerce giant Amazon.com, Inc (NASDAQ: AMZN) recently started with the 9,000 layoffs which were previously announced. In terms of job cuts, Amazon, like many companies, has undergone periodic restructuring and workforce reductions. According to a report, the company...
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'So Many Things Are Broken': Cash-Focused Musk Reportedly Tried Selling Office Plants To Twitter Employees
Tuesday, March 7, 2023 - 12:04pm | 534Twitter CEO Elon Musk reportedly tried to sell the plants at the company's office to his employees. According to an engineer, who is still employed by Twitter, Musk's focus has only been on money. The anonymous engineer told the BBC that Musk...
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Laid-off Twitter Employee Says Musk's Leadership 'Failed': Idea Of Making People's Lives Better 'Went To Garbage'
Monday, February 6, 2023 - 1:08pm | 700Twitter laid off thousands of workers in November 2022 in departments across the company, a move justified by its CEO Elon Musk. Then in January, the company laid off employees responsible for global content moderation. Amidst the job cuts, several Twitter employees have...