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Market
Which major tech company will announce efficiency-related layoffs by mid-2025?
2
Resolution / Starting Odds
Google • 25%
Amazon • 25%
Apple • 25%
Other • 25%
Official announcements from tech companies or credible news outlets
Story
Meta Fires Two Dozen LA Employees for Misusing $25 Grubhub Meal Credits Amid Efficiency Drive
Oct 17, 2024, 10:33 AM
Meta Platforms Inc. has fired approximately two dozen employees in its Los Angeles office for misusing company-provided $25 Grubhub meal credits. The staff members were dismissed after allegedly using the meal perks to purchase household items such as acne pads, wine glasses, and laundry detergent, rather than meals. This action is part of CEO Mark Zuckerberg's ongoing efficiency drive and follows recent restructuring efforts affecting teams like WhatsApp, Instagram, and Reality Labs.
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Similar markets
Yes • 50%
No • 50%
Intel • 25%
AMD • 25%
NVIDIA • 25%
Other • 25%
Yes • 50%
No • 50%
Economic downturn • 25%
Restructuring • 25%
Merger/acquisition integration • 25%
Other • 25%
Amazon • 25%
Google • 25%
Apple • 25%
Other • 25%
Yes • 50%
No • 50%
Facebook (Meta) • 25%
Twitter (X) • 25%
Google • 25%
Other • 25%
Meta • 25%
Google • 25%
Apple • 25%
Other • 25%
Google • 25%
Amazon • 25%
Microsoft • 25%
Other • 25%