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 ...

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

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 ...