Meta, led by CEO Mark Zuckerberg, says it will not conduct new performance-based layoffs, shifting from last year's 5% ...
Meta has clarified that it is not preparing a new round of companywide performance-based layoffs, responding to growing ...
Amazon, UPS and Pinterest are among the companies that announced layoffs.
BofA strategists flagged earnings growth, C-suite sentiment, AI spending, and layoffs among their top takeaways from the ...
Preview this article 1 min The cuts affect multiple locations as the company shifts investment from metaverse projects to ...
Meta has laid off about 1,500 employees as Reality Labs narrows its focus. CFO Susan Li says spending will tilt toward wearables, even as virtual reality development continues.
Meta says it is not planning another round of performance-driven layoffs, pushing back against online speculation that the company was quietly preparing to revive last year’s controversial workforce ...
Meta CEO Mark Zuckerberg has claimed that advances in AI now allow a single person to do the work of an entire team.
(NewsNation) — Meta, formerly Facebook, has announced plans to lay off around 600 employees within its AI unit, as first reported by Axios. The layoffs will remove roughly 600 roles from within Meta’s ...
Meta Platforms Inc. plans to permanently lay off about 331 employees in Washington state beginning March 20, according to a filing with state employment officials. The layoffs will affect workers at ...
The latest round of massive job cuts were led by Jeff Bezos' Amazon, which laid off 16,000 on January 28. According to a ...
Technology companies have continued to lay off staff in 2025 and 2026, despite the support of the new US administration. Here's an updated timeline of notable layoffs, and reasons why Big Tech is in ...