Tag: Layoffs

Discover the latest news, stories and exclusive rewards with The West at an affordable cost. Read up on the impact of ChatGPT and AI on global jobs and examine the potential displacement of tech workers. Subscribe to The West’s Weekend Papers + Everyday Digital and Everyday Digital packages and benefit from all content, weekend papers delivered, access to regional online news and rewards.

A KPMG report reveals that 85% of companies are considering layoffs in times of economic uncertainty. Protecting against data theft, sabotage, and reputational damage is key--third-party cyber risk mitigation, IDPs, and empathy are essential. Meta, founded by Mark Zuckerberg, recently announced plans to let go of 21,000 staff members amidst restructuring.

Discover the dangerous illusions of 'workism' and how society is willing to sacrifice free time and personal identities for it in Simone Stolzoff’s new book The Good Enough Job: Reclaiming Life from Work. Through anecdotes, reporting and parables, he encourages readers to draw boundaries between work and life, and redefine success.

Discover why employee morale is at an all-time low at Meta, formerly known as Facebook; from major layoffs, absent managers and an uncertain future to cost-cutting measures. CEO Mark Zuckerberg has warned of a 'Year of Efficiency', as he and other tech firms battle for the top spot in the metaverse.

Australian grocery delivery startup MilkRun has ceased operations due to the global economic uncertainties. Despite the setback, the tech industry is on the rise with entrepreneurs creating revolutionary products and services. Companies such as Dell Alienware, Alibaba, and Tongyi are innovating to build a better future.