days after twitters new boss elon musk slashed half of twitters workforce meta platforms on wednesday became the latest us company to cut jobs to rein in costs amid tightening monetary policy and growing fears of a recession the facebookparent said it would cut 13 of its workforce or more than 11000 employees in one of the biggest tech layoffs this year as it grapples with a weak advertising market and mounting costsjob cuts announced by usbased employers have jumped 13 to 33843 in october the highest since february 2021 a report saidmore than 105000 people have lost their jobs at private startups this year and bloomberg reported that the pace of tech layoffs is approaching early pandemic levelshere are some of the major job cuts announced in recent weeksmeta on november 9 mark zuckerberg told to employees that meta would be reducing its staff by approximately 13 that amounts to more than 11000 employees and the company will be extending its hiring freeze through next years first quartercitigroupcitigroup inc eliminated dozens of jobs across its investment banking division as a dealmaking slump continues to weigh on wall streets biggest banks bloomberg news reported on tuesdaymorgan stanleymorgan stanley is expected to start a fresh round of layoffs globally in the coming weeks reuters reported on nov 3 as the wall street banks dealmaking business takes a hitgopuffgopuff a consumer goods and food delivery company had four rounds of layoffs this year the first two came on jan 26 and march 29 and accounted for 100 and 450 employees respectively the largest at 1500 employees took place on july 12 followed by another 250 on oct 19opendoorthe real estate startup opendoor is letting go of about 550 people or 18 of the company across all functions its cofounder and ceo eric wu announced in a blog post earlier this month prior to today we scaled back our capacity by over 830 positions primarily by reducing third party resourcing and we eliminated millions of fixed expenses we did not make the decision to downsize the team today lightly but did so to ensure we can accomplish our mission for years to come he wroteintelintel corps ceo pat gelsinger told reuters people actions would be part of a costreduction plan the chipmaker said it would reduce costs by 3 billion in 2023the adjustments would start in the fourth quarter gelsinger said but did not specify how many employees would be affectedmicrosoftmicrosoft corp laid off under 1000 employees across several divisions this week axios reported citing a sourcejohnson johnsonjohnson johnson said it may cut some jobs amid inflationary pressure and a strong dollar with cfo joseph wolk saying the healthcare conglomerate is looking at right sizing itselftwitter inctwitter laid off half its workforce across teams ranging from communications and content curation to product and engineering following elon musks 44 billion takeoverhowever bloomberg on sunday reported twitter was reaching out to dozens of employees who lost their jobs asking them to