Meta maintains secret blacklists: fired employees will never be able to get a job in the company again
Meta has created secret blacklists of fired employees that even top managers cannot influence.
AMD lays off 1000 employees — graphics card division earned only $12 million in the quarter
Rumors of layoffs at AMD emerged after an ambiguous financial report for the third quarter. After its release, the company’s shares fell by 13.6%. AMD increased its revenue and profit by 17% and 34%, respectively, and its average revenue forecast of $7.5 billion is slightly below analysts’ expectations.
Microsoft CEO Satya Nadella receives +63% ($79.1 million) in compensation for a year of massive layoffs and hacks
Despite the layoffs and data security incidents, Microsoft CEO Satya Nadella received a whopping 63% increase in his compensation compared to the previous year.
Sony exec advises laid-off developers to «drive Uber» and «take a year off from work on the beach»
Chris Dearing, the former president of Sony Computer Entertainment Europe, expressed his opinion on the massive layoffs in the gaming industry during the latest episode of the My Perfect Console podcast. He talked about the reasons for the layoffs and gave advice to the fired developers.
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