Mark Zuckerberg has a theory for why tech layoffs aren't slowing down: Companies are realizing that, while painful, there are ...
About 10% of employees were ranked as underperforming by Meta managers. In a memo to his staff, Zuckerberg announced in November that he would be laying off 11,000 people, representing around 13% ...
Mark Zuckerberg has remade his image from a dorky, democracy-destroying CEO into a cool, athletic AI visionary in the eyes of ...
Meta Founder and CEO Mark Zuckerberg has made it clear that the social network is freezing hiring across the board, warning that more layoffs are in the pipeline. According to The Verge ...
Meta isn't ruling out the possibility of future layoffs, CEO Mark Zuckerberg told staff on Thursday, per The Wall Street Journal. Since November, Meta — the parent company of Facebook ...
The hunt for talent in the AI world is getting so competitive that Meta CEO Mark Zuckerberg has reportedly started writing personal emails to employees at Google's DeepMind, imploring them to come ...
Rank-and-file workers are not the only employees that have been impacted ... After years of overhiring and high labor costs, Meta CEO Mark Zuckerberg grew concerned over the proliferation of ...
A leaked email from 2010 shows how Mark Zuckerberg handled employees who leaked information to the media. A letter from Mark Zuckerberg to the House Judiciary Committee has gone viral with the ...
Zuckerberg said the new 10,000 cuts are part of his vision for a “flatter is faster” and “leaner is better” company motto. “Since we reduced our workforce [by 11,000 employees] last year ...
According to the report, the upcoming wave of layoffs at Meta is expected to have a more significant impact on non-engineering positions. To facilitate the restructuring, Zuckerberg appears to be ...
Reston, Va.-based federal solution provider Leidos hinted at layoffs and business divestitures in its third quarter earnings report as the company continues to streamline its operations.