Meta is planning on cutting about 5% of its ... Reuters reported. The layoffs come after the company scrapped its U.S. fact-checking program last week and reduced curbs on discussions around ...

Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns ...

Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of an “intense” year ahead. Meta had roughly 72,000 people ...

According to Bloomberg, Zuckerberg made the announcement via a company memo posted on the company's internal Workplace forum this week.

Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first ...

Meta Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday but the company predicted sales in the ...

Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.

Meta has undergone significant restructuring since 2022, beginning with the layoffs of approximately 11,000 jobs. In 2023, ...

Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...

Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.