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Meta offers employee benefits following mass layoffs

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Meta is taking steps to boost employee morale in the wake of mass layoffs.

The tech giant has introduced a range of perks, including branded T-shirts, happy hours, and office snacks, to help soothe the concerns of its remaining workforce.

In a recent restructuring move, Meta let go of a significant number of employees as part of its efforts to pivot towards the metaverse and other emerging technologies. The layoffs left many employees feeling uncertain about their future with the company.

To address these concerns, Meta has rolled out several initiatives aimed at providing a more positive work environment. Employees will receive branded T-shirts, featuring the company’s iconic logo, as a gesture of solidarity. The T-shirts serve as a reminder of their connection to the Meta brand and its mission.

In addition to the T-shirts, Meta is also organising regular happy hours, allowing employees to unwind and socialise with colleagues. These events aim to foster a sense of community and camaraderie within the company, despite the recent layoffs.

Furthermore, the company is enhancing its office snacks program, providing a variety of free snacks and beverages to employees. This move aims to make the workplace more comfortable and enjoyable, helping employees feel valued and supported.

While these perks may not fully offset the impact of the layoffs, Meta hopes they will help boost employee morale and engagement during this period of transition.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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