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Meta focuses on technical employees in latest layoffs |
Tech giant Meta started laying off employees on Wednesday as part of 10,000 jobs cuts announced by CEO Mark Zuckerberg in March. |
The latest around of cuts, aimed at helping the company reduce costs, will affect employees across a number of Meta's products, including Facebook, Instagram and WhatsApp, according to Bloomberg. In addition to the 10,000 cuts, Zuckerberg last month said Meta will also not fill 5,000 roles in an effort to be more efficient. A Meta spokesperson confirmed to CNBC on Wednesday that the cuts had started. The outlet reported on layoff announcements among employees with technical backgrounds such as software engineering, programming and user experience. Other business-facing roles are expected to face cuts starting in May, our colleague Stephen Neukam reported. Meta told The Hill it did not have a comment on the layoffs but pointed to the announcement from Zuckerberg in March that said the company expected "restructurings and layoffs in our tech groups in late April." The latest cuts at Meta come amid slashes to jobs across the tech industry, even among other tech giants like Amazon and Google. Read more in a full report at TheHill.com. |
Welcome to The Hill's Technology newsletter, we're Rebecca Klar and Ines Kagubare — tracking the latest moves from Capitol Hill to Silicon Valley. |
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How policy will be impacting the tech sector now and in the future: |
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Spotify CEO Daniel Ek is pushing Congress to take up an antitrust bill that aims to rein in the power of domain app companies. The CEO and founder of the audio streaming app will meet with key members of Congress and the Biden administration Wednesday and Thursday in a push to reinvigorate support for the proposal in his first visit to Washington to advocate for legislation. "Left unchecked, any company doing business … |
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| The National Aeronautics and Space Administration (NASA) said the risk to people from falling parts of a spacecraft that is expected to re-enter Earth's atmosphere this month is low, putting the odds of harm to humans at approximately 1 in 2,467. The retired Reuven Ramaty High Energy Solar Spectroscopic Imager (RHESSI) spacecraft is expected to come back to Earth after over 20 years from its original launch date. The Department … |
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SAN FRANCISCO (AP) — Twitter has quietly removed a policy against the "targeted misgendering or deadnaming of transgender individuals," raising concerns that the Elon Musk-owned platform is becoming less safe for marginalized groups. Twitter enacted the policy against deadnaming, or using a transgender person’s name before they transitioned, as well as purposefully using the wrong gender for someone as a form of harassment, … |
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News we've flagged from the intersection of tech and other topics: |
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Meta's verified program raises concerns |
Meta's new verified program, which will let users pay for a verification badge, is stoking concerns similar to those raised by changes at Twitter under CEO Elon Musk, Mashable reported. |
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NSO's spyware tool used to target activists |
Activists were investigating a mass kidnapping of protesters in Mexico when their iPhones were hacked by Pegasus, a tool developed by Israeli spyware firm NSO Group, The Washington Post reported. |
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Upcoming news themes and events we're watching: |
- The Senate Judiciary Committee will mark up three bills aimed at increasing kids' online safety — the EARN IT Act, STOP CSAM Act and Cooper Davis Act — on Thursday at 10 a.m. ET.
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Branch out with other reads on The Hill: |
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Are you a Facebook user? You could get some settlement cash |
Anyone in the U.S. who has had a Facebook account at any time since May 24, 2007, can now apply for their share of a $725 million privacy settlement that parent company Meta has agreed to pay. Meta is paying to settle a lawsuit alleging the world's largest social media platform allowed millions of … |
LONDON (AP) — Russian hackers are seeking to "disrupt or destroy" Britain's critical infrastructure and not enough is being done to stop them, U.K. government officials said Wednesday. Britain's National Cyber Security Centre issued an official threat notice to operators of Britain's electricity, … |
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Two key stories on The Hill right now: |
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A federal judge on Wednesday ruled that Mark Pomerantz, who was previously involved in the Manhattan district attorney's criminal investigation of … Read more |
| The Senate on Wednesday blocked a Republican attempt to overturn a Department of Veterans Affairs (VA) rule that allowed it to offer abortion counseling … Read more |
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Opinions related to tech submitted to The Hill: |
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You're all caught up. See you tomorrow! |
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