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CEO Mark Zuckerberg wrote in a memo to colleagues, "We intend to reduce our team size by around 10,000 people and to close about 5,000 more open roles that we haven't yet filled.
Only four months after firing 11,000 employees, Facebook parent company Meta Platforms became the first Big Tech company to announce a second round of significant layoffs on Tuesday, announcing that it would slash 10,000 jobs.
In an email to staff members, CEO Mark Zuckerberg stated, "We expect to close around 5,000 more open roles that we haven't yet filled and reduce our team size by roughly 10,000 employees.
Corporate America has experienced a wave of widespread job losses as a result of the weakening economy, from Wall Street banks like Goldman Sachs and Morgan Stanley to Big Tech companies like Amazon.com and Microsoft.
According to a portal that tracks layoffs, the tech sector has fired more than 280,000 workers since the beginning of 2022, with roughly 40% of those firings occurring this year.
An advertising expenditure downturn following the epidemic from businesses dealing with high inflation and rising interest rates has been difficult for Meta, which is investing billions of dollars to create the futuristic metaverse.
Throughout its 18-year history, Meta's decision to reduce personnel by 13% in November represented the first round of mass layoffs. At the end of 2022, it had 86,482 employees, 20% more than the previous year.
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The Xiaomi 14T Pro, expected to launch soon, has appeared on Geekbench with impressive scores: 9,369 in single-core and 26,083 in multi-core, using Geekbench V4.4. It will run on Android 14 and feature 12GB RAM, powered by the MediaTek Dimensity 9300+ SoC. The device has passed certifications on various platforms, hinting at an imminent release. Camera specs include a 50MP primary, 13MP ultra-wide, and 50MP telephoto lens. The 14T Pro is likely based on the Redmi K70 Ultra, which boasts similar features and chipset.
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New reports reveal that the upcoming Google Pixel Buds Pro 2 will be available in four color options: Charcoal, Porcelain, Aloe, and Hot Pink. This differs slightly from previous reports, which mentioned Raspberry, Porcelain, Mojito, and Haze. The earbuds are expected to be unveiled at the Made by Google event on August 13th. Design leaks suggest the Pixel Buds Pro 2 will retain the egg-shaped charging case with potential design tweaks, including a larger microphone cover and matching color grills. A possible battery upgrade to 650mAh has also been hinted at.
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Apple is set to roll out its Apple Intelligence features in an upcoming developer beta for iOS 18, iPadOS 18, and macOS Sequoia. Announced at WWDC 2024, these AI enhancements will significantly upgrade Siri, making it more intuitive and capable. Users will gain access to Writing Tools for proofreading, rewriting, or summarizing text, audio recording summaries, email summaries, and AI-generated emojis called Genmoji. Additionally, the Clean Up feature will help erase unwanted objects from images. The developer beta is expected in August, with a public launch likely in iOS 18.1 around October or November.
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Apple has reduced iPhone prices in India following a 15% customs duty cut on phones and chargers announced in the Union Budget 2024. The price cuts range from minor reductions on base models to significant discounts on Pro models. The iPhone 15 Pro and 15 Pro Max now cost Rs 1,29,800 and Rs 1,54,000, respectively, saving up to Rs 6,000. Meanwhile, the iPhone 13, 14, and 15 series have smaller price cuts. This is the first instance of Apple reducing prices on its Pro models, reflecting a strategic shift in response to the customs duty adjustment.
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Poco plans to release the M6 Plus, a mid-range smartphone featuring a large 6.79-inch LCD screen, a Snapdragon 4 Gen 2 Advanced Edition engine, and a 5000mAh battery, in India on August 1. It is anticipated that the smartphone would include a 108MP primary sensor and a dual-camera configuration. The gadget is anticipated to contend fiercely in the cutthroat mid-range market by providing a reasonably priced alternative that prioritises battery life, performance, and display.
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