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 ...

Amazon, UPS and Pinterest are among the companies that announced layoffs.

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

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.

Preview this article 1 min The cuts affect multiple locations as the company shifts investment from metaverse projects to ...

(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 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 Platforms Inc. (NASDAQ: META) began slashing over 1,000 jobs from the company’s Reality Labs division. This is part of a plan to redirect resources toward AI wearables and phone features from ...

The mass layoffs at Meta’s Reality Labs impacted nearly 10% of its workforce.