Despite the job cuts, a Meta spokesperson says the company is still “committed to investing in mixed reality experiences.” ...

As per the plan, employees labelled as low performers will get the option to voluntarily resign and receive 16 weeks of pay.

Layoffs have hit companies from HPE to Meta and Boeing already this year amid a backdrop of cost-cutting and technological ...

The CEO's Thursday memo reflects a broader cultural crackdown across tech.

New Intel CEO Lip-Bu Tan told employees Thursday to expect “several months” of job cuts as the chipmaker works to buttress ...

Thousands face ax, more given RTO orders in quest to suck less Intel's new CEO Lip-Bu Tan is swinging the ax again, with ...

Microsoft is giving low performers the option to voluntarily quit with 16 weeks of pay—rather than risk being put on a ...

Google is battling two landmark US antitrust cases, and it's trying to avoid being forced to divest assets like its Chrome ...

It later fired roughly 2,000 low-performing employees without severance. Microsoft rolls out a harsh policy. Now, it appears ...

After Meta took a big PR hit for its handling of recent layoffs, Microsoft spelled out what constitutes poor job performance. It’s a lesson for all business leaders.

Microsoft’s new performance policy gives low-rated employees the choice to improve or leave, with bans on rehiring and ...

Microsoft has implemented stricter performance rules, including a new PIP/GVSA option and a two-year rehire ban for employees ...