TOBY SHAPSHAK: Bloodbath at big tech
Post-pandemic shifts and rise of AI contribute to swingeing job losses, from Alphabet to Zuck-world
26 January 2023 - 05:00
There was a huge outcry when Elon Musk fired half of Twitter’s 7,500 employees and most of its contractors when he took over in October 2022. It was just the beginning.
Not long afterwards, Facebook cut 11,000 people. The move by CEO Mark Zuckerberg, whose EQ is nearly as low as Musk’s, seemed almost benign and civilised in comparison. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.