For Meta Platforms, the decision to retreat from its attempts to stem that rising tide may not pay off for the business, and it could spell bad news for the stock. Zuckerberg says that in the ...
For most people angry at Meta or Mark Zuckerberg, the options for recourse are limited. You could delete your Facebook account or complain about the billionaire with like-minded friends.
Stocks rose broadly on good inflation news. Meta is planning to lay off 5% of its workforce. The stock would benefit from a TikTok ban set to go into effect this weekend. Stocks were up broadly ...
NEW DELHI, Jan 15 (Reuters) - Meta may have to "roll back or pause" some features in India due to an antitrust directive which banned its WhatsApp messaging service from sharing user data with ...
After Meta cut nearly a quarter of its workforce through massive layoffs in 2022 and 2023, the move comes. With Meta's decision, it's in keeping with broader industry trends of tech companies ...
Executives and researchers leading Meta’s AI efforts obsessed over beating OpenAI’s GPT-4 model while developing Llama 3, according to internal messages unsealed by a court on Tuesday in one ...
Meta Platforms is cutting 5% of its workforce, according to an internal memo that circulated on Tuesday, first reported by Bloomberg. The company declined to comment to several outlets but ...
Facebook parent Meta on Tuesday announced that it's planning to cut back its workforce with the reductions focused on the lowest performers, according to an internal memo sent to Meta employees.
Meta plans to cut 5% of its workforce, or about 3,600 workers, with the social media giant focusing on eliminating low-performing employees. The layoffs, earlier reported by Bloomberg News, were ...
Meta is planning to slash roughly 5% of its staff this year in a move aimed at weeding out under-performers, CEO Mark Zuckerberg revealed on Tuesday. In a memo to employees on Meta’s internal ...
Mark Zuckerberg told staff Tuesday that Meta would make "more extensive performance-based cuts." Last week, Meta said it would roll back DEI initiatives and get rid of third-party fact-checkers.
Anticipating that 2025 will be an "intense year" requiring rapid innovation, Mark Zuckerberg reportedly announced that Meta would be cutting 5 percent of its workforce—targeting "lowest performers." ...