Mass sackings at Meta and Twitter are proof of the pitfalls of home working
source link: https://www.telegraph.co.uk/business/2022/11/07/mass-sackings-meta-twitter-proof-pitfalls-home-working/
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Mass sackings at Meta and Twitter are proof of the pitfalls of home working
Work from home evangelists were selling snake oil – the foolish staff that bought it are now paying a high price
Matthew Lynn
7 November 2022 • 3:36pm
Twitter is laying off half its workforce. Meta, the company that owns Facebook and WhatsApp, is set to start a deep round of redundancies. Google is reported to be getting rid of staff while Amazon is freezing hiring and the technology unicorns that only a few months ago were fretting about how they were going to attract talent are now worrying about how they can get rid of dead wood instead. The internet economy is laying off staff in droves, and it probably won’t be long before the marketing houses, banks, and consultancies are as well....
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