Meta has confirmed it will not repeat last year's company-wide performance purge, assuring employees that the bottom 5% cull is not an annual initiative. This comes after recent layoffs in its Reality ...

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

Tech giants like Amazon and Meta are overhauling their performance review systems, and the changes could signal even more layoffs ahead.

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

More than 30 000 tech employees have been laid off worldwide since January, according to data compiled by forex trading firm RationalFX. The firm’s analysis suggests the industry is on track to ...

Salesforce has cut nearly 1,000 jobs as part of a wider wave of tech layoffs, with roles eliminated across multiple teams. The move comes as the company restructures leadership and accelerates its ...

As layoffs rise across tech, companies point to AI. But is automation truly replacing people, or masking tougher business realities?

Amazon, Dow, Pinterest, HP, Verizon and Tyson Foods announce job cuts in line with nationwide restructuring as firms ...

In today’s Digest, we cover Scope3 making a second round of layoffs, China fining companies for fake AI services, and Meta ...

TikTok may be doubling down (again) on Shop; bots are scraping content they're banned from; and Walmart is allegedly selling ...

Pinterest, Inc. trades at under 10x earnings despite decelerating growth and competitive headwinds from Meta Platforms. Read my latest analysis of PINS stock.

Amazon announces the massive spending spree that all those layoffs allegedly made possible.