Facebook to fire 3,600 employees.

Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing workers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about the decision to “move out low performers faster” in a memo posted on the company’s internal Workplace forum on Tuesday. Zuckerberg told employees 2025 will “be an intense year.” Meta …

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Bank employees are selling your identity to ‘theft rings.’

The new staffer was supposed to help Toronto-Dominion Bank spot money laundering from an outpost in New York. She instead used her access to bank data to distribute customer details to a criminal network on Telegram, according to prosecutors in Manhattan. Local detectives who searched her phone allegedly found images of 255 checks belonging to …

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Musk’s DOGE Dept. Start Downsizing Government: 14,000 Federal Employees Accessed Americans Financial Data to Target Trump Supporters

Elon Musk’s DOGE Dept. to Start Downsizing Government: 14,000 Federal Employees Accessed Americans’ Private Financial Data Over 3 Mill Times to Target Trump Supporters A new report by the House Judiciary Committee exposed how more than 14,000 federal employees accesses the private financial data for Americans over 3,000,000 times. The Committee and Select Subcommittee launched …

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UnitedHealthcare Tells Employees to ‘Shut Up’

From reporter Ken Klippenstein on BlueSky “UnitedHealthcare wasted no time telling its employees not to talk to the press in the wake of the killing of its CEO Brian Thompson, according to an internal company memo I obtained. Thompson has been accused of profiting off of insider selling before an anti-trust investigation by the Justice …

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APPLE SUED FOR SPYING ON EMPLOYEES & SILENCING COMPLAINTS

🚨🇺🇸 APPLE SUED FOR SPYING ON EMPLOYEES & SILENCING COMPLAINTS Apple employee Amar Bhakta claims the company forces workers to install software that digs through emails, photos, and health data—basically turning iPhones into surveillance machines. Privacy? Not in this… pic.twitter.com/VBOev6sDMW — Mario Nawfal (@MarioNawfal) December 3, 2024

AMD to lay off 4% of workforce, or about 1,000 employees

AMD said on Wednesday that it will lay off 4% of its global staff as the longtime computer chipmaker seeks to gain a stronger foothold in the growing artificial intelligence chip space dominated by Nvidia. ″As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that …

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JPMorgan Chase denies $331 monthly pension to late employee’s widow, claims she lacks ‘necessary documentation’

JPMorgan Chase has refused to pay out an estimated $331-a-month pension to the widow of one of the bank’s former longtime employees — with the excuse that he failed to fill out the necessary paperwork before his untimely death, The Post has learned. Melvyn Silverberg, who worked for a decade as a systems analyst at …

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Elon Musk claims Trump could slash $2 trillion from the federal budget… Would you support Trump firing 85% of federal employees?

Elon Musk claimed he can eliminate at least $2 trillion from the federal budget, laying out his vision for substantial government spending cuts if Donald Trump wins the presidency. “Your money is being wasted,” Musk said Sunday at a rally for Trump in New York’s Madison Square Garden. “We’re going to get the government off …

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The Bureaucratic Machine Has Grown so Big That the Number of Government Employees Now Exceeds the Population of All but Two States

The state of Florida had a population of 22,610,726 as of July 2023, according to the U.S. Census Bureau. That ranked third among all states — exceeded only by Texas, which had a population of 30,503,301; and California, which had a population of 38,965,193. As of this September, federal, state and local governments in this country …

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THE GRIP TIGHTENS/China orders public sector employees to hand in their passports

Public sector employees in China are being ordered to hand in their passports as President Xi Jinping’s grip on every aspect of society tightens. The number of public sector workers who face restrictions on their ability to travel abroad has been massively expanded this year to include most staff at schools, universities, local government and …

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FEMA employees feel “fear” while scrolling X, unaware of the suffering they ignore daily.

The comfort level of hurricane victims matters way more to me right now than the comfort level of FEMA employees. — Kristen Mag (@kristenmag) October 6, 2024 https://twitter.com/SunlightShine55/status/1842973590880477311 Maybe they should at least attempt to get help to the places that need it most if they don't like criticism. Just a thought. https://t.co/CIbTZJInp2 — Penny …

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The U.S. employs 23.7 million government workers, costing taxpayers $271 billion a year

And they all get paid back pay afterwards. — Tom Baranowski (@Frisco_Tom) September 21, 2024 The United States employs a staggering 23.7 million government workers across federal, state, and local levels. The cost to taxpayers is immense. In fiscal year 2022, the federal government alone spent $271 billion on compensation for its civilian employees, covering …

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Amazon to close two Calif. facilities, impacting hundreds of employees

Amazon plans to close two facilities in California, potentially impacting hundreds of employees. According to public notices filed Sept 6, the Seattle-based e-commerce company plans to shutter a warehouse in Irvine, which will affect 162 employees, and a separate facility in West Sacramento, which will affect another 159 employees. The WARN documents, generally required in …

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PwC to lay off 2,000 U.S. employees, its first since the 2009 financial crisis.

The auditor of $NVDA – just saying… https://t.co/df6mWbwhIo — JustDario 🏊‍♂️ (@DarioCpx) September 12, 2024 #JustDarioDaily ⚠️ HOW LONG WILL THIS BUBBLE LAST? IT LOOKS LIKE TILL Q1-2025 ⚠️#stocks #markets #macro Article 👇🏻https://t.co/yAssFB2T3L — JustDario 🏊‍♂️ (@DarioCpx) September 12, 2024 At least he’s consistent. Look what happened when he bought Conoco in 2008 because he …

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Elon Musk: “It appears that some former Twitter employees were complicit in helping” to rig Brazil’s last Presidential election.

There is growing evidence that fake judge @Alexandre engaged in serious, repeated & deliberate election interference in Brazil’s last presidential election. Under Brazilian law, that would mean up to 20 years in prison. And, I’m sorry to say that it appears that some former… — Elon Musk (@elonmusk) September 1, 2024 I keep telling people …

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1 in 5 Companies Replaced Laid Off U.S. Employees With Offshore Workers

Companies are increasingly turning to workers who are abroad to replace laid off U.S. employees. For example, Google recently cut hundreds of core workers and moved jobs to India and Mexico. To find out if companies are replacing laid off U.S.-based employees with offshore employees, in July, ResumeBuilder.com surveyed 600 business leaders involved in decisions to terminate …

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Paramount to fire 2,000 employees.

Paramount Global, the storied media conglomerate, announced Thursday it will lay off 15% of its US staff and write down $6 billion in value of its cable television networks as it prepares to merge with Skydance Media. The layoffs, which will affect around 2,000 staffers in the coming weeks, are part of Paramount’s bid to …

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DELL Laying Off 12,500 Employees… The full list of major US companies slashing staff this year, from Tesla and Lucid Motors to Google and Dell

Dell Layoffs To Hit 12,500 or More Employees Worldwide Starting Tomorrow, Affect 10% of Tech Giant’s Global Workforcehttps://t.co/y76X7zPFXe#DellLayoffs #Layoffs #Dell #Layoffs2024 #WorkforceReduction #Jobs #Workforce #JobCuts #Technology @theafricanptv @RadarHits @expordia — LatestLY (@latestly) August 6, 2024 The full list of major US companies slashing staff this year, from Tesla and Lucid Motors to Google and Dell …

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Whistleblower tips reveal financial firm misconduct; muzzling employees via non-disclosure agreements may violate federal law.

Probably nothing: pic.twitter.com/WBYHyg5qwQ — Jason Mikula (@mikulaja) July 24, 2024 Law enforcement uncovers serious wrongdoing by financial firms through whistleblower tips. Companies may be breaking federal law if they muzzle employees through nondisclosure agreements that deter whistleblowers from coming forward to law enforcement. https://t.co/YAbp6BV7fU — Rohit Chopra (@ChopraUSA) July 24, 2024

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