Meta Platforms’ Vice President of Remote Presence and Engineering Maher Saba has instructed managers to identify and “move to exit” poor performers as the company struggles with macroeconomic pressures and hits to its advertising business. In a post to Meta’s internal messaging system viewed by The Information, Saba, who has been with Meta for eight years, told managers to think about the...
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Instacart Cuts Staff, Curbs Hiring in Run-up to IPO
Instacart has been letting go of staff, slowing hiring and curbing other expenses as it heads toward a public listing, when the grocery-delivery company will try to convince public investors that it can maintain its growth—and make a profit—as the economy slows. The San Francisco startup over the last two months has fired some of its more than 3,000 workers after holding midyear...
Twitch’s Creators Chief Departs Amid Payout Cutbacks
Amazon Informs Employees It Miscalculated Raises
Google CEO Addresses Employee Questions about Cost-Cutting
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