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- Meta to Lay Off 8,000 Workers as Microsoft Offers Buyouts to 8,750
Business
Meta is laying off 8,000 workers, about 10 per cent of its workforce, to enhance efficiency and focus on artificial intelligence investments. Concurrently, Microsoft is offering voluntary buyouts to approximately 8,750 employees, marking a significant shift for the company amid industry-wide cost adjustments.
Oil prices surged above $106 per barrel amid escalating US-Iran tensions in the Strait of Hormuz, following reciprocal vessel seizures. The increase represents a nearly 5% rise since late Wednesday, reflecting concerns over shipping disruptions in a key global energy transit route.
US liquefied natural gas exporters are poised to gain as markets plummet amid the Iran war: Markets are plummeting as the conflict escalates – but not every industry is affected.
Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund (IMF)…
Coffee chain Insomnia brews up profit of €2.5m. The firm behind Insomnia coffee chain brewed…
In a first since 2011 Tesla misses production target as Musk’s company loses value. The…
The president of ATA Extremadura, Candelaria Carrera, presented this Monday, December 30, the main results…
The Spanish Tourism sector grows by 17% and increase the percentage that tourism has on…
The Spanish Government holds the last Council of Ministers of the year, on Monday, in…
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