Tech giants like Amazon and Meta are overhauling their performance review systems, and the changes could signal even more ...
While tech giants are laying off workers in 2025, economists say companies are more bullish on hiring in 2025 than years' ...
BofA strategists flagged earnings growth, C-suite sentiment, AI spending, and layoffs among their top takeaways from the ...
Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in Burlingame and Playa Vista.
Preview this article 1 min The cuts affect multiple locations as the company shifts investment from metaverse projects to ...
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Meta layoffs today: Facebook parent is slashing hundreds of workers from Reality Labs VR divisionThe first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what ...
In today’s Digest, we cover Scope3 making a second round of layoffs, China fining companies for fake AI services, and Meta ...
Amazon (NASDAQ:AMZN) just announced 16,000 job cuts worldwide, the second massive layoff in four months following 14,000 cuts in October. Combined, that’s 30,000 corporate roles eliminated in 120 days ...
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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