Tag: Job cuts
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Tech Giant Meta Beats Revenue Expectations as User Numbers Surge, but Metaverse Losses Mount
Tech giant Meta surpasses revenue expectations and user growth. Challenges in metaverse project and AI spending persist.
US investors prepare for turbulent week as tech giants publish results
Get ready for a turbulent week as leading tech giants, including Alphabet, Amazon, Apple, and Meta, release their quarterly results. AI advancements and retail division performance will be closely watched by US investors.
Even ChatGPT’s AI surge couldn’t counteract decreased venture funding
Despite a drop in global venture funding, artificial intelligence (AI) companies still see successes, with major players and startups securing significant funding. However, the overall decline in venture funding raises concerns for the startup ecosystem's future.
Airbnb beats Montana regulations, Microsoft complains, Salesforce expresses concern, and Reddit users angry
Are you concerned about the future of journalism? The media industry has suffered its highest number of job cuts yet. Meanwhile, Salesforce employees express concerns about ethics and retaining talent. Startups struggle to raise funds, and the AI hype cycle may be peaking. But it's not all doom and gloom - Insider is accepting nominations for its 5th annual list recognizing top marketers.
Chegg Homework Helper to Cut 4% of Staff as ChatGPT Looms
Chegg, the online learning platform, is cutting 4% of its workforce due to the impact of OpenAI's ChatGPT on customer acquisition. Chegg is developing its own AI chatbot called CheggMate to personalize learning.