Meta, Twitter, Stripe, Robinhood, Lyft, Netflix. Here's an overview of Bay Area tech companies that have recently executed a mass layoff.
The company saw overall sales fall 4% to $27.71 billion in the latest quarter. Operating income dropped 46% from the previous year. This while costs and expenses rose 19% to $22.1 billion.
"Around 14% of people at Stripe will be leaving the company. We, the founders, made this decision. We overhired for the world we're in , and it pains us to be unable to deliver the experience that we hoped that those impacted would have at Stripe," he said.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Leaked video: Mark Zuckerberg addresses Meta employees after mass layoff“I want to say upfront that I take full responsibility for this decision,” Zuckerberg said in an address to laid off workers at the company. The video was obtained by NBC News from a Meta employee who was laid off today.
Weiterlesen »
'Powerhouse' storm pounds Bay Area, wreaking havoc on roadwaysThe much-needed rain pounded the Bay Area through the night and well into Tuesday morning, drenching the Earth but also wreaking havoc on the roads.
Weiterlesen »
Rain pounds away at the SF Bay Area, bringing minor floodingRain pounded the San Francisco Bay Area overnight and into the morning, making for a messy commute on roads.
Weiterlesen »
High school football rankings Week 12, 2022: Bay Area News Group Top 25Undefeated Serra enters the playoffs as the No. 1 team. Amador Valley, Terra Nova enter the rankings.
Weiterlesen »
Bay Area parents killed in car crash leave behind 7-year-old twins'The world lost two beautiful souls, and leaves two amazing girls without parents.'
Weiterlesen »
Temptations musical comes back to Bay Area, where it all startedPlaywright Dominique Morisseau says it ‘feels right’ to see the acclaimed Temptations musical return to Bay Area.
Weiterlesen »