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As tech giants like Microsoft, IBM, and Google shed thousands of workers, experts weigh in on the motivations behind these ...
A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.
Facebook parent Meta on Wednesday began its latest round of layoffs focusing on technical workers, who are often thought of as more immune to job cuts in Silicon Valley. CNN values your feedback 1 ...
Weeks after Meta invested $14.3 billion into Scale AI and tapped its founder to lead its new AI initiative, the startup is ...
Scale AI says rapid hiring for its Generative AI division led to bloat and losses. It's now refocusing on other areas.
Meta is laying off another 10,000 employees. VIA REUTERS “I don’t understand how #metaleadership miscalculated so badly that they had to lay off thousands of employees, and yet still want to ...
Facebook parent company Meta will lay off more than 11,000 employees, about 13% of its workforce, CEO Mark Zuckerberg announced Wednesday. In a message to employees, Zuckerberg said the company ...
A second round of layoffs at Meta, formerly Facebook, is set to be announced next week. The cuts are expected to be extensive, affecting several thousand workers. A Meta spokesperson declined to ...
Following Meta's strategic investment, Scale AI is laying off 14% of its workforce.