Tech Industry is a topic tracked in our intelligence system with 5 linked articles.
Meta allows workers to opt out of being tracked for up to 30 minutes.
Meta is cutting about 8,000 jobs, and employees are scrambling to use up benefits before layoffs.
Meta plans to cut about 10% of its staff next week, while internal chatter points to widespread low morale.
Oracle laid off 20,000–30,000 workers, offered four weeks’ pay plus one week per year (up to 26 weeks) and COBRA, but did not accelerate vesting of unvested RSUs, and classified some as remote to limit WARN Act protections; about 90 employees pushed back with a petition, while Oracle declined to negotiate.
Apple is transitioning leadership as Tim Cook steps down and John Ternus may ascend, while Elon Musk reportedly aims to buy Cursor for $60 billion.
Meta plans to cut about 8,000 jobs, roughly 10% of its workforce.
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