YouTube Chief Executive and one of the first Google employees, Susan Wojcicki, is stepping down from her role at the tech giant that started in her garage nearly 25 years ago, she said in a personal update on the video-sharing platform on Thursday.

Spotify Technology SA said on Monday it plans to cut 6% of its workforce and would take a related charge of up to nearly $50 million, adding to the massive layoffs in the technology sector in preparation for a possible recession.

The job cuts affect 6% of the Google parent's workforce, and follow thousands of layoffs at tech giants who are downsizing after a pandemic-led hiring spree left them flabby in a weak economy.

Billionaire Elon Musk said on Monday he was working "at the absolute most amount...from morning til night, seven days a week" when asked about his recent acquisition of Twitter and his leadership of automaker Tesla Inc .

Wall Street is losing patience over Meta boss Mark Zuckerberg's enormous and experimental bets on his metaverse project that helped drive up the company's overall costs by a fifth in the third quarter.