📉 Meta Is Preparing to Notify Employees of Large-Scale Layoffs This Week

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Meta Is Preparing to Notify Employees of Large-Scale Layoffs This Week. Meta Platforms Inc. is planning to begin large-scale layoffs this week, according to people familiar with the matter, in what could be among the largest round in a recent spate of tech job cuts after the industry's rapid growth during the pandemic. (Jeff Horwitz / Wall Street Journal)

Jeff Horwitz @JeffHorwitz

A bit of grim Sunday news: large scale layoffs at Meta start next week, possibly Wednesday.

wsj.comWSJ News Exclusive | Facebook Parent Meta Is Preparing to Notify Employees of Large-Scale Layoffs This WeekThe social-media giant’s planned cuts are expected to affect many thousands of its workforce, which exceeded 87,000 as of September.

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Twitter Said to Delay Changes to Check Mark Badges Until After Midterm Election. Twitter is delaying the rollout of verification check marks to subscribers of its new $7.99 a month subscription service until after Tuesday’s midterm elections, according to an internal post viewed by The New York Times… (Ryan Mac / The New York Times)

Ryan Mac 🙃 @RMac18

Twitter is delaying the roll out of verification badges until after the US midterm elections, according to an internal post we've seen.

nytimes.comTwitter Is Said to Delay Changes to Check Mark Badges Until After MidtermsUsers and employees had raised concerns that Elon Musk’s plan to give check marks to those who paid a monthly fee could be misused to sow discord.

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Apple warns Covid restrictions in China are hurting iPhone production. iPhone 14 production has been temporarily reduced because of Covid-19 restrictions at its primary iPhone 14 Pro and iPhone 14 Pro Max assembly plant in Zhengzhou, China. The factory, operated by Foxconn, is operating at 'significantly reduced… (Kif Leswing / CNBC)

CNBC Now @CNBCnow

BREAKING: Apple warns Covid restrictions in China are hurting iPhone production, and the company now expects “lower iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously anticipated” cnb.cx/3T41Yhq

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Twitter Now Asks Some Fired Workers to Please Come Back. Twitter Inc., after laying off roughly half the company on Friday following Elon Musk's $44 billion acquisition, is now reaching out to dozens of employees who lost their jobs and asking them to return. Some of those who are being asked to return… (Kurt Wagner / Bloomberg)

Kurt Wagner @KurtWagner8

Can also confirm @CaseyNewton’s good scoop: some people who were fired from Twitter are now being asked to come back. Some were laid off by mistake, others the company now realizes they may need…oops! w/@EdLudlow

bloomberg.comBloomberg - Are you a robot?

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Electric cars can strengthen the US grid through V2G tech, experts say. Millions more electric vehicles on the road could make the US power grid more resilient. An innovation called vehicle-to-grid technology, or V2G, lets EVs supply electricity to the grid in times of need, but it's still in early stages. Someday, EVs… (Tim Levin / Business Insider)

Business Insider @BusinessInsider

Electric cars won't just solve tailpipe emissions — they may even strengthen the US power grid, experts say

businessinsider.comElectric cars won’t just solve tailpipe emissions — they may even strengthen the US power grid, experts sayA budding technology could allow electric cars to provide power to the grid when it’s needed most, helping utilities deal with heatwaves.

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