Tag: Elon Musk
Salesforce Cuts 10% Of Workforce In Latest Silicon Valley Mass Layoff
Salesforce, one of the largest companies in the Bay Area, announced on Wednesday that another 10% of their workforce, or around 7,000 people, will be let go in the latest round of cuts, continuing the mass Silicon Valley layoff trend...
Infective Maltruism: From SBF to ZuckBucks, California is at the Forefront of Selfish Charity
Is charity still charity when it is performed for uncharitable reasons? Looking beyond the “aw, neat, what a great person” façade of “effective altruism,” (see HERE, with a grain of salt…) one clearly finds a level of narcissistic cynicism and...
Intel Announces 200 Layoffs Coming Continuing Mass Silicon Valley Tech Cutbacks
Mass tech layoffs that began in late October continued across Silicon Valley on Tuesday, with tech company Intel announcing 201 job layoffs in Santa Clara and Folsom. The trend of layoffs began just over a month ago when Twitter, shortly...
California Energy Commission Kangaroo Court Hearing on CA Gas Prices
Gov. Newsom has called a special session of the Legislature on December 5 in order to propose a new tax on oil companies to raise the price of gasoline in California – again. Californians already pay the highest gas taxes...
Menlo Park-Based Meta Lets Go Over 11,000 Employees In Latest Silicon Valley Mass Layoff
Meta, the Menlo Park-based parent company of social media sites such as Facebook, Instagram, and WhatsApp, laid off 13% of their employees, or over 11,000, on Thursday, continuing the stark trend of cutbacks at Bay Area and Silicon Valley tech...
Twitter, Lyft, Other Tech Companies Layoff Thousands In Less Than 48 Hours
Due to massive revenue drops, anticipation of a recession next year, a rise in costs, a high number of $100,000+ salaries, among other factors, Silicon Valley companies including Twitter, Lyft, and Stripe have cut thousands of jobs in only the...