On Meta’s Q1 2026 earnings call, CFO Susan Li said the quiet part out loud. “We recently shared internally that we plan to ...
Next week, Meta is cutting about 10 percent of its staff. WIRED spoke with more than a dozen current and former employees ...
Meta CEO Zuckerberg told employees at a town hall that further layoffs aren't ruled out. Here is what he said and what it ...
Mark Zuckerberg told Meta employees on Thursday that the May 20 layoffs are driven by AI capital spending rather than AI productivity gains.
Meta plans to slash 8,000 jobs at the company, accounting for 10% of its workforce.
Meta has implemented layoffs across several divisions, the company confirmed Thursday. Additionally, the Menlo Park tech giant has reportedly terminated two dozen employees for misusing their $25 ...
Meta's Chief Executive Mark Zuckerberg attributed the company's plan ‌for layoffs to increased capital expenditures and ...
Meta is set to cut 16,000 jobs soon. The first phase begins May 20, affecting 8,000 workers. This major restructuring follows the company's strong push into Artificial Intelligence. Mark Zuckerberg's ...
Meta CEO Mark Zuckerberg used the company's first quarter earnings call last week to spell out exactly where Facebook's ...
Mark Zuckerberg chief says rising AI spending behind layoffs, warns company may reduce workforce further as investment ...
Meta plans to lay off about 8,000 employees on May 20. Here are the steps you need to take right now before your role is fully eliminated.
In an internal Q&A with employees, Meta’s CEO says company will shrink teams and develop more new apps as AI changes ...