GoKawiil
Tech News
Uber CEO Dara Khosrowshahi announced the company will shrink its workforce by about 10%, or roughly 3,300 employees, marking its biggest round of job cuts since the pandemic. The move focuses heavily on middle management roles, part of a broader corporate trend of flattening organizational structures.
Reuters reports Meta spent 2024 developing 'Project OT,' an internal restructuring effort meant to reorganize the company around AI agents overseen by small human 'pods,' with some teams facing headcount cuts of up to 60%. Mark Zuckerberg reportedly shelved or paused a planned second wave of layoffs under the plan, which would have followed the company's earlier 10% workforce reduction this year. Meta confirmed a second plan existed but described the harsher cuts as scenarios under consideration rather than finalized decisions.