Lay Offs – Artifex.News https://artifex.news Stay Connected. Stay Informed. Sat, 02 Nov 2024 06:09:52 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png Lay Offs – Artifex.News https://artifex.news 32 32 Elon Musk Lays Off Employees From X, Engineering Department Faces Major Cuts: Report https://artifex.news/elon-musk-lays-off-employees-from-x-engineering-department-faces-major-cuts-report-6926508/ Sat, 02 Nov 2024 06:09:52 +0000 https://artifex.news/elon-musk-lays-off-employees-from-x-engineering-department-faces-major-cuts-report-6926508/ Read More “Elon Musk Lays Off Employees From X, Engineering Department Faces Major Cuts: Report” »

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San Francisco:

Elon Musk, who is busy promoting Donald Trump for the keenly-watched US presidential election on November 5, has reportedly laid off more employees from his X social media platform.

According to a report in The Verge, a new wave of layoffs has hit X, primarily affecting its engineering department, citing sources inside X and posts on the workplace forum Blind.

“The exact scale of the job cuts remains unknown. These cuts come just two months after staffers were required to submit a one-page summary telling leadership their contributions to the company,” the report claimed.

Musk or X were yet to comment on the report.

Recently, the tech billionaire had reportedly sent an email to X staff about their much-anticipated stock grants – although with a catch.

In an email to staff seen by The Verge, the social media platform planned to award stock options based on the anticipated impact of employees.

“That means staff have to submit a one-page summary telling leadership their contributions to the company in order to get their stock,” said the report.

Keeping in mind how the company has continued to struggle under Musk’s ownership, employees have been bracing for more layoffs.

Musk bought X (then called Twitter) in 2022 and laid off more than 6,000 employees- roughly 80 per cent of the company’s staff.

The workforce was forced to justify their roles and even judge whether their own colleagues should be retained.

The job cuts affected departments like diversity and inclusion teams as well as product development and design. Even, Twitter’s content moderation team was not spared.

In January this year, X reportedly fired 1,000 employees from its ‘safety’ staff which was responsible for stopping abusive content online. Out of these 80 per cent were software engineers that were focused on “trust and safety issues”.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)




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She Was Fired. Then Her Viral Video Got Her Hundreds Of Interview Calls https://artifex.news/marta-puerto-she-was-fired-then-her-viral-video-got-her-hundreds-of-interview-calls-5166364/ Sun, 03 Mar 2024 02:54:02 +0000 https://artifex.news/marta-puerto-she-was-fired-then-her-viral-video-got-her-hundreds-of-interview-calls-5166364/ Read More “She Was Fired. Then Her Viral Video Got Her Hundreds Of Interview Calls” »

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Marta Puerto’s video has gone viral, with over 60,000 likes on LinkedIn and counting

Marta Puerto was just one of thousands of job seekers struggling to stand out in a cooling labor market – and losing hope. Her fortunes reversed with a 1 minute, 42-second-long video posted to LinkedIn.

Instead of relying on the standard resume to introduce herself to employers, the Madrid-based marketing manager decided to try to tell her story a different way, showcasing her skills by marketing herself.

The video has gone viral, with over 60,000 likes on LinkedIn and counting, and has captured the attention of hundreds of employers. Puerto said she’s now being inundated with interview requests from companies and received over 5,000 connection requests on the platform.

“I really thought maybe 100 or at most 200 likes from my network,” she said in an interview. “And now I’m getting connections from previous recruiters that had said no to me. And now they’re like ‘Oh, now I want a piece of Marta.'”

As layoffs continue and white-collar workers lose leverage in the job market, standing out among hundreds of qualified applicants has become increasingly difficult. That’s especially true as companies turn to artificial intelligence to vet candidates, making it more challenging to get applications in front of hiring managers.

After being laid off from fintech company Xolo in October, Puerto submitted scores of applications, but she mostly received automated emails in reply and found it hard to get to the next stage of the process.  

Dozens of automatic rejections began to weigh on her. She did well once she got to an interview, but it was nearly impossible to get there.

“It was the first barrier that I couldn’t break through,” she said. “And so I thought, ‘Okay, I have to do something.'”

Just a few minutes after the 29-year-old posted the video on Wednesday, captioned “Meet Marta: the movie,” she said a former coworker now at another company messaged her asking if he could interview her next week. After that, the messages began pouring in. She had to set up a separate email inbox just to handle the volume of requests.

Some employers have offered to pay for her to relocate. “The interview I had today wanted me to relocate to London and I said no,” Puerto said. “But then they said, ‘Okay, we spoke with the CEO, you could be remote, that’s fine.'”

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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