Meta plans to lay off around 8,000 employees on May 20, citing efficiency efforts and rising AI investments, according to an ...

The social media giant is planning to slash about 10% of its workforce even as its digital ad revenue continues to climb.

Meta will cut 8,000 jobs and leave 6,000 roles unfilled as it ramps up AI spending. Microsoft is offering buyouts to about ...

Meta Platforms Inc. plans to cut 10% of its workforce, or roughly 8,000 employees, in an effort to boost efficiency and offset heavy spending on artificial intelligence, according to a Bloomberg ...

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of ...

Meta CEO Mark Zuckerberg has poured resources into building out AI capabilities, directing spending toward model development, ...

Meta also won’t hire workers for 6,000 open roles that it had intended to fill. Bloomberg Meta to cut 10% of workforce, ...

The move reflects a broader pattern across major technology companies, where AI spending is rising even as headcount declines ...

Instagram’s Instants app focuses on disappearing photos and real-time sharing. Here’s what it offers and how it compares to ...

As Meta CEO Mark Zuckerberg invests heavily in AI, the tech giant is planning to lay off 10% of its global workforce in its first round, with more layoffs to follow later in the year ...

A new tool called Model Capability Initiative (MCI) will run on work-related apps and also take occasional snapshots of ...

Meta plans to cut a tenth of its workforce, looking for productivity gains from its remaining workers as it invests heavily ...