Meta, Twitter, Stripe, Robinhood, Lyft, Netflix. Here's an overview of Bay Area tech companies that have recently executed a mass layoff.
The company saw overall sales fall 4% to $27.71 billion in the latest quarter. Operating income dropped 46% from the previous year. This while costs and expenses rose 19% to $22.1 billion.
"Around 14% of people at Stripe will be leaving the company. We, the founders, made this decision. We overhired for the world we're in , and it pains us to be unable to deliver the experience that we hoped that those impacted would have at Stripe," he said.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Leaked video: Mark Zuckerberg addresses Meta employees after mass layoff“I want to say upfront that I take full responsibility for this decision,” Zuckerberg said in an address to laid off workers at the company. The video was obtained by NBC News from a Meta employee who was laid off today.
Baca lebih lajut »
'Powerhouse' storm pounds Bay Area, wreaking havoc on roadwaysThe much-needed rain pounded the Bay Area through the night and well into Tuesday morning, drenching the Earth but also wreaking havoc on the roads.
Baca lebih lajut »
Rain pounds away at the SF Bay Area, bringing minor floodingRain pounded the San Francisco Bay Area overnight and into the morning, making for a messy commute on roads.
Baca lebih lajut »
High school football rankings Week 12, 2022: Bay Area News Group Top 25Undefeated Serra enters the playoffs as the No. 1 team. Amador Valley, Terra Nova enter the rankings.
Baca lebih lajut »
Bay Area parents killed in car crash leave behind 7-year-old twins'The world lost two beautiful souls, and leaves two amazing girls without parents.'
Baca lebih lajut »
Temptations musical comes back to Bay Area, where it all startedPlaywright Dominique Morisseau says it ‘feels right’ to see the acclaimed Temptations musical return to Bay Area.
Baca lebih lajut »