Meta, led by CEO Mark Zuckerberg, says it will not conduct new performance-based layoffs, shifting from last year's 5% workforce reduction.

BofA strategists flagged earnings growth, C-suite sentiment, AI spending, and layoffs among their top takeaways from the ...

Tech giants like Amazon and Meta are overhauling their performance review systems, and the changes could signal even more layoffs ahead.

Preview this article 1 min The cuts affect multiple locations as the company shifts investment from metaverse projects to ...

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 announced it is laying off 331 employees from various offices across the greater Seattle area on Monday, as the company works towards its company-wide plan of downsizing 10% of its ...

The latest round of massive job cuts were led by Jeff Bezos' Amazon, which laid off 16,000 on January 28. According to a ...

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Meta Platforms Inc. is reportedly planning to cut around 10% of employees at its Reality Labs division as the company shifts its priorities to artificial intelligence. The New York Times, referencing ...