Meta reduced several office perks, employees expressed their unhappiness
Technology | April 13, 2023 20:00 ISTNumerous employees at Meta have expressed their dissatisfaction with the reduction in cafeteria options and other office perks.
Numerous employees at Meta have expressed their dissatisfaction with the reduction in cafeteria options and other office perks.
The DA and Dearness Relief (DR) are reviewed twice a year, in January and July. Additionally, it has been reported that the hike in DA is expected to be based on a revised formula for calculation.
A 4% increase in dearness allowance and dearness relief has been approved by the Union Cabinet for 47.58 lakh central government employees and 69.76 lakh pensioners. The current dearness allowance stands at 42%.
EPFO publishes guidelines for additional pensions under the EPS system. Applications for additional pension benefits may now be submitted till March 3, 2023.
Amazon is changing its policy, requiring corporate employees to work in the office for at least three days per week. The move aims to improve collaboration and innovation, but it remains to be seen how employees will respond to the change.
Yahoo layoffs: The layoffs will help the company to go on offense and invest more in businesses that are profitable. According to the company, 12 per cent of the workforce (around 1,000 employees) would be laid off on Friday.
Yahoo would lay off over 20% of staff in a major restructuring effort. Technology giant has announced job cuts in its advertising technology division, affecting nearly half of its ad tech employees.
Disney employees lay off: Entertainment giant Disney is laying off 7,000 employees to cut costs, its CEO Bob Iger has announced.
Spotify has said that they have around 9,800 full-time employees, out of which the organisation is planning to remove around 6 per cent workforce. The average employee will get a maximum of 5 months of severance that will be calculated based on local notice period requriements.
Facebook employees lay off: According to reports, the company is anticipated to let off thousands of employees from Wednesday. This will likely be the biggest layoff in the tech industry this year.
Elon Musk twitter: The Tesla CEO also instilled suspicion amongst social media users when he tweeted on his Twitter "Let the good times roll" shortly after he acquired the social media platform and closed the deal.
LTC facility will allow eligible central government employees to get reimbursement of tickets for to and fro journeys, besides paid leave, when they avail LTC.
Snap currently has more than 6,400 employees, out of which around 1,280 employees will be shown the door.
Apple employee's petition is in response to an all-employee memo from the CEO Tim Cook, who last week stated that workers would have to come into the office for at least three days a week from September onwards.
Walmart news: The news of layoffs at Walmart came as after the company recently slashed its profit outlook due to inflation.
According to reliable sources, SoftBank-backed Ola has asked senior executives to find employees in their teams on performance basis who can be asked to go.
The reports published on Friday (June 17) cited an email from Gwynne Shotwell, SpaceX’s president, saying the company had terminated employees who put together and circulated the letter.
The bulk of the hiring has been in the product, tech, and marketing teams: the tech team has tripled from 60 to 200.
The comapny said it's taking the difficult step of streamlining its operations and reducing workforce in both the United States and India in a substantial way"
This article will help you understand the features and benefits offered under the group mediclaim policy.
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