Lumen Technologies (LUMN) invests in new net subsea route between New York and Bude

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Alphabet (GOOGL) CEO Says Employees 'Shouldn't Always Equate Fun with Money' - CNBC

September 23, 2022 10:46 AM EDT

According to a report by CNBC Friday, the CEO Sundar Pichai of Google parent company Alphabet (NASDAQ: GOOGL) faced questions from employees at an all-hands meeting regarding cuts to travel, entertainment budgets, managing productivity, and potential layoffs.

CNBC said audio they... More

Meta Platforms (META) Looks to Reduce Costs By At Least 10% Via Reorganization - WSJ

September 21, 2022 1:21 PM EDT

The Wall Street Journal reported Wednesday that Meta Platforms (NASDAQ: META) has been discussing cost cuts, hiring freezes and "ruthless prioritization" as it aims to tackle stalling growth.

However, the company has not discussed layoffs, the WSJ stated.

Nonetheless, citing former managers familiar with the matter, the technology giant is said to have begun quietly nudging out a substantial number of... More