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Meta employees fired via morning email

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As Meta continues with its mass layoffs, international offices are also beginning to feel the pinch

Meta offices in Singapore are the latest to fall victim to layoffs. At least 50 employees are set to lose their jobs.

Those in the city-state who have been impacted found out on Thursday morning via e-mail.

One former employee posted about his experience on LinkedIn.

He says he was getting ready to head out to the office when he decided to check his e-mails and rotation schedule, as he would, any other day.

He adds, “that’s when I saw the dreaded e-mail and the biggest fear of my career come true. I’m one of those affected by the Meta layoffs”.

The individual was a a business integrity specialist at the firm.

Meta’s wide-ranging cuts are hitting a number of departments and roles, with over half of those impacted working in recruitment.

The rest are spread across operations, sales and engineering.

The layoffs will see a total of 11,000 jobs cut, which equates to about 13 per cent of the the firm’s 87,000 person global workforce.

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Wall Street gains momentum amid tech and earnings surge

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

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U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

U.S. equities climbed on Monday as Wall Street kicked off a new month of trading. Investors looked past recent losses in silver and bitcoin, with optimism returning to major indices. The S&P 500 rose 0.7%, led by gains in Oracle shares following the company’s announcement to raise up to £50 billion for cloud capacity.

The Dow Jones Industrial Average surged 501 points, while the Nasdaq Composite increased 0.9%. Analysts note that the broader market is showing resilience despite mixed signals from tech and commodities.

More than 100 S&P 500 companies are expected to report earnings this week. Strong growth is predicted, even as some high-profile sell-offs continue to make headlines.

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U.S. dollar weakens while Australian dollar rises amid global market shifts

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US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations


The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

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Wall Street slides as AI spending raises investor concerns

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives. Tune in for insights!

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Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives.


Wall Street closed lower on Thursday, with the Nasdaq leading losses as investors questioned whether Big Tech’s massive AI spending will pay off. Microsoft shares tumbled after revealing record AI infrastructure costs, while Meta rallied on strong earnings and a bullish outlook.

Kyle Rodda from Capital.com joins us to explain what spooked markets, which tech names are holding up, and whether AI budgets are getting too big.

We also discuss rate expectations, macro risks, and what to watch in the upcoming earnings season.

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