Amazon cuts 57 tech jobs in Washington state
Amazon has laid off 57 employees in its Washington state offices, including senior managers and software engineers. The cuts affect teams in Seattle and Bellevue, including remote staff.
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Bilibili and XPeng lead pre-market gains in US stocks
Chinese stocks showed mixed performance in US pre-market trading. Bilibili and XPeng saw gains exceeding 4%, while Baidu and Tiger Brokers experienced declines.
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Kakao Union Calls for Strike Over Wage Disputes
The labor union at Kakao Corp. has announced a four-hour strike for next week. This action follows the breakdown of negotiations regarding compensation and job security for employees.
JD.com Implements New '3-12' Work-Life Balance Policy
JD.com has introduced a new '3-12' management policy to restrict overtime and ensure employee well-being. The rules prohibit working past midnight and limit consecutive working days to 12.
The human cost of the tech industry's 'system'
Author Zhang Xiaoman explores the dehumanizing effects of large tech company systems through her book 'Big Factory Small People', analyzing how corporate structures prioritize efficiency over individual well-being.
Meta shows signs of recovery in stock performance
Meta Platforms, previously a laggard among the 'Magnificent Seven', is showing technical signs of a potential turnaround. Analysts are monitoring the stock for sustained recovery patterns.
LinkedIn cuts 5% of staff amid tech industry layoffs
LinkedIn has announced a 5% workforce reduction, joining other major tech firms like Meta and IBM in recent layoffs. This occurs despite massive capital expenditure on AI infrastructure across the sector.
Big Tech Lays Off AI-Trained Core Staff
Big tech companies are conducting deep layoffs targeting core teams, training employees in AI skills only to cut them afterward. The company's homepage abruptly turns into a 'dog dog collection,' symbolizing chaos. This creates a loop where AI handles decisions without accountability, leaving humans to face consequences after safeguards are removed.