Meta laid off about 4,000 workers on Monday in a performance-based job-cutting spree — but several impacted staffers claimed they had received glowing feedback from their managers just last year ...

A stellar streak of gains has turned Meta stock into the crown jewel of the AI trade in recent weeks. While the stock is down slightly on Tuesday, shares of the social media giant are coming off ...

Meta is expected to carry out "performance terminations" this week, which will roughly cut 5% of its staff and replace them with machine learning engineers, according to the tech company and ...

(KRON) — Previously announced layoffs for Facebook parent company Meta are set to begin Monday. Last month, Meta CEO Mark Zuckerberg announced plans to trim the company’s workforce by 5 percent.

Menlo Park-based Meta, the parent company of Facebook, is laying off 5% of its workforce. The "lowest performers" are being let go. Workday and Salesforce also announced recent layoffs.

Meta, the parent company of Facebook, Instagram, and WhatsApp, is preparing for another round of layoffs next week, while simultaneously accelerating hiring for machine learning engineers and ...

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The company confirmed last month that it was planning to trim about 5% of its "lowest performers". Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next week ...

Few stocks performed better following the 2022 bear market than Meta Platforms Inc. (Nasdaq: META), the social media giant formerly known as Facebook. CEO Mark Zuckerberg’s foray into the ...