Layoffs and other workforce reductions ... and building in resilience as we lower our costs, drive performance improvement ...

The tech giant is cutting thousands of employees in a round of performance-based layoffs. Here’s why that could cost Meta, ...

Meta said employees affected by the layoffs will be notified by Feb. 10 and receive severance in line with what the company ...

Meta Platforms is looking to cut its headcount by 5%, which shows the efficiency drive by the management. Read why META stock ...

The decision, shared in an internal memo by CEO Mark Zuckerberg, focusses on improving overall performance by moving out ...

Meta’s restructuring announcement is part of a larger restructuring effort at Meta, which began last year under what ...

In the volatile tech sector, major players like Meta and Microsoft are continuing their strategic workforce reductions, ...

The 5% decrease shall cut almost 3,600 positions, which comprises more than 72,000 employees, according to the latest ...

Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.

Shares of Meta Platforms (NASDAQ: META) soared last year as the "Magnificent Seven" stock cracked the trillion-dollar mark ...