Meta has clarified that it is not preparing a new round of companywide performance-based layoffs, responding to growing ...

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

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 ...

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

The parent company of Facebook, Meta, has announced that it will discontinue the metaverse for work, too. The Horizon Workrooms is a virtual space for workers to collaborate. Meta says that starting ...

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 ...

(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 is switching off Horizon Workrooms as a stand-alone app next month. Workrooms was launched for remote teams to collaborate in virtual reality. The move comes as Meta is laying off workers in its ...

SEATTLE — Facebook's parent company Meta plans to lay off more than 300 employees in the state, according to a 60-day notice that was filed. It's part of a larger cut to jobs. Meta confirmed 1,500 ...