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  Facebook parent company Meta reportedly plans to further reduce its headcount in the coming weeks. According to the   Financial Times , work at the tech giant has slowed to a crawl while it plots a new round of job cuts. Meta is likely to announce the restructuring after it has completed staff performance reviews sometime in March. In November, the company laid off  11,000 employees  or about 13 percent of its global workforce. Those cuts were the largest in Meta’s nearly 20-year history, affecting every organization within the company. Meta did not immediately to Engadget’s comment request.  The Times  did not report on the potential scale of the restructuring. While Meta is far  from the only company  to cut staff in the past year, significantly fewer have expanded previously announced layoffs. If the reporting from  The Times  is accurate, Meta would find itself in the company of the likes of  Coinbase . In June, the company let go of approximately  1,100 employees , only to annou

TikTok is trying to make it easier for creators and others to navigate its rules, and understand what’s happening to their accounts. The company is introducing a revamped “account enforcement system,” a series of changes that includes a new strike system, as well as features that allow creators to check if their content has been blocked from the app’s recommendations. The changes come amid a broader push from TikTok to increase transparency around how it handles content moderation and algorithmic recommendations, both of which have been subject to intense scrutiny by lawmakers, regulators and other critics. In a blog post, the company says the new strike system is meant to address “repeat offenders” who can have an outsized impact on the platform. “Under the new system, if someone posts content that violates one of our Community Guidelines, the content will be removed and their account will accrue a strike,” the company explains. “If an account meets the threshold of strikes within eit

 One of streaming's most influential figures is stepping away from the spotlight. Netflix co-creator Reed Hastings is stepping down as the company's co-CEO. Ted Sarandos, who has been co-CEO since July 2020, will share the reins with newly promoted operations chief Greg Peters. The change takes effect today. Hastings says he'll remain involved as Executive Chairman, serving as a "bridge" between the board of directors and the new CEOs. The departing leader characterized the move as a long-expected transition. Sarandos and Peters have "increasingly" managed the company for the past two and a half years, Hastings says. This was merely the "right time" to implement a succession that has been in development for years, he adds. Sarandos is credited with leading Netflix's move into original content, while Peters has been key to forming partnerships and helming the company's push into gaming. Hastings' departure comes as Netflix seems to b