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

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 ...

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 has confirmed it will not repeat last year's company-wide performance purge, assuring employees that the bottom 5% cull is not an annual initiative. This comes after recent layoffs in its Reality ...

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 CEO Mark Zuckerberg has claimed that advances in AI now allow a single person to do the work of an entire team.

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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 ...