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Meta‘s second round of layoff: 10,000 affected
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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.
Samsung Galaxy Book 5 Pro 360 Spotted on Bluetooth SIG, Launch Expected Soon
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Samsung's upcoming Galaxy Book 5 Pro 360 has appeared on the Bluetooth SIG website, hinting at an imminent launch. Five models were listed, likely varying by market or configuration. Rumored to feature an Intel Lunar Lake CPU with advanced performance and efficiency cores, the laptop is expected to deliver strong processing power. It may also include Intel Arc integrated graphics. The Galaxy Book 5 series could be launched in December 2024, following the Galaxy Book 4 series' release last year.
Xiaomi Trifold Phone in Development: Potential Uses and Industry Trends
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Xiaomi is reportedly in advanced stages of developing a trifold phone, joining companies like Huawei, TCL, and Samsung in exploring this innovative format. The trifold design could offer expanded screen real estate, enabling enhanced multitasking, media consumption, and creative work. It may also support desktop-like app interfaces, making it a versatile tool for business and productivity on the go. While a launch timeline remains uncertain, the device is expected to feature cutting-edge hardware, software, and camera technology, possibly under Xiaomi’s MIX brand.
OnePlus 10 Pro Users Report Dead Motherboard Issues, Repairs Cost Up to Rs 42,000
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OnePlus 10 Pro users are experiencing dead motherboard issues, as reported on the OnePlus Community portal. This follows previous green line problems with the brand's devices. Users have shared incidents where their phones suddenly became unresponsive, with repair costs reaching up to Rs 42,000. OnePlus has not yet commented on the issue. The problem appears to affect other models as well, like the OnePlus 9 Pro. The brand's response to this emerging issue remains to be seen.
Apple Confirms iPhone 16 Series Launch Event on September 9th
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Apple has officially scheduled the iPhone 16 series launch event for Monday, September 9th. The highly anticipated event will be live-streamed on Apple’s website, the Apple TV app, and YouTube starting at 10:30 PM IST. Alongside the new iPhones, Apple is expected to unveil a redesigned Apple Watch Series 10 and new AirPods. The event invite features the tagline "It's Glowtime," hinting at AI enhancements powered by the Apple A18 chipset. Pre-orders for the iPhone 16 series are expected to begin shortly after the event.
New iOS Bug Causes iPhone Crashes with Specific Text Sequence
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A new iOS bug is causing iPhones to crash when a specific sequence of four characters (""::) is typed into certain search fields, like the Settings app or App Library. The bug triggers Apple's Springboard to crash, briefly returning users to the lock screen. While it’s an annoying issue, it poses no security risk or data loss. Tests show that the bug affects iOS 17 more severely than iOS 18. Apple has not yet addressed the issue, so users are advised to avoid typing this sequence until a fix is released.
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