Workday Inc. is cutting about 8.5% of its workforce, making it the latest technology company to begin 2025 with headcount ...
Senator Brian Schatz has been one of Donald Trump and Elon Musk’s most outspoken opponents as they rampage their way through ...
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are ...
Meta’s all-hands meetings, led by CEO Mark Zuckerberg, have preceded mass layoffs over the last few years. On Jan. 30, ...
We’re just seven weeks into the year, but a number of high-profile technology giants have already begun trimming their ranks.
Meta reported higher profits and revenue for 2024 and outlined plans to expand its artificial intelligence infrastructure in 2025. The company’s AI-focused strategy initially pushed its stock up ...
Investors often love investing in tech stocks because of how much upside there can be in both the short term and long term.
Many employees are concerned that the voluntary buyout could be a precursor to layoffs. Meanwhile, Meta, the parent company of social media giants such as WhatsApp and Instagram, has announced ...
Layoffs and other workforce reductions are continuing ... and play to our distinctive capabilities," the company said. Meta is cutting 5% of its workforce. Meta CEO Mark Zuckerberg recently ...
The cuts are part of broader layoffs in various divisions, but headcount impact is expected to be minimal. In a particularly strict measure, the company is discontinuing healthcare, prescription ...
Microsoft has initiated layoffs targeting employees based on job performance, with some workers being dismissed immediately without severance pay. According to Business Insider, termination ...
Amazon has started the year with more layoffs as it continues to cut jobs and simplify its operations. On Wednesday, the company confirmed that it had laid off employees from its communications ...