Meta, the parent company of Facebook, will conduct 'performance terminations' this week and cut roughly 5% of its staff.
The string of catalysts has been remarkable. In January, CEO Mark Zuckerberg said the company plans to invest as much as ...
OpenAI’s Sam Altman isn’t keen on potential Musk takeover, BP promises big reset as earnings hit 4-year low, and more news to ...
Chinese start-up DeepSeek rocked the artificial intelligence (AI) market when it announced one particular accomplishment. The ...
Even in a market where AI winners are richly rewarded, Meta Platforms stands out.The shares are coming off a rally of 16 straight sessions, the longest streak of any current Nasdaq 100 Index company ...
Meta is notifying employees of a 5% workforce reduction, affecting around 4,000 jobs worldwide. Meanwhile, the company plans ...
Meta is laying off about 3,600 employees in what it describes as a move to eliminate “underperformers” and boost efficiency.
The wave of layoffs in tech industry in 2025 seems unstoppable, as giants like Amazon and Microsoft have tightened their ...
In today’s CEO Daily: Diane Brady on Mark Zuckerberg and layoffs at Meta. The big story: Musk v Altman. The markets: All-time ...
Meta, the owner of Facebook and Instagram, employs more than 2,100 people in Ireland and is led here by Anne O’Leary.
Leaked court documents reveal Meta has been accused of downloading 82 terabytes of data from illegal sources to train its ...