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Meta CEO Mark Zuckerberg makes two promises after 8,000 layoffs, one on future job cutsMeta CEO Mark Zuckerberg has assured employees that there will be no more company-wide layoffs this year following a major restructuring th...- Meta told employees to work from home, then sent 4 am layoff emails to US staff, leaked memo reads: 'We’re now at the stage where...'Meta Layoffs: Meta has laid off approximately 8,000 employees globally, with many receiving termination emails early Wednesday. This move i...
- Meta layoffs 2026: More cuts possible after 10% workforce reduction on May 20Meta layoffs: Meta's chief people officer indicated that further layoffs are possible, despite upcoming cuts set to impact 10% of its globa...
- Meta to lay off 8,000 employees on May 20: What will be the severance package for staff by Mark Zuckerberg's company?Meta layoffs: Meta is set to lay off approximately 8,000 employees, about 10% of its global workforce, on May 20. Meta said the company is ...
- Meta’s Threads surpasses 150 million daily active users, but monetisation remains a challengeMeta's Threads app now has 150 million daily users. Advertising is expanding globally on Threads and WhatsApp Status. However, Meta expects...
- Meta’s Q1 earnings show AI driving engagement, ad gains across platformsMeta's AI advancements are boosting user engagement and ad revenue significantly. Higher video consumption on Instagram and Facebook, coupl...
- Meta’s Q1 headcount rises 1% to 77,986Meta Platforms reported a headcount of 77,986 as of March 31, 2026, a 1% year-on-year increase, despite ongoing workforce recalibration and...
- Explained: Why Meta shares crashed 7% in extended trading amid AI spending spreeMeta shares plunged 7% in extended trading as investors reacted to the company’s plan to sharply increase AI-related spending. The tech gia...
- Meta shares fall on concerns over AI spending, legal scrutinyMeta Platforms is significantly increasing its investment in artificial intelligence infrastructure. This comes as the social media giant f...
- A billion dollars each? While you work 9-to-5, these 6 Meta execs are in line for a billion-dollar AI paydayMeta plans huge AI growth and may reward six top executives with massive bonuses. The payouts depend on strong company performance and futu...
- Why Meta stock is rising after reports say hundreds will lose jobs across key divisions - here's which teams are impacted and what Meta plans to do nextMeta stock price today: Meta is reducing its workforce by several hundred employees across various departments. This move comes as the comp...
- Meta grants senior executives stock awards to retain talentThe pay boost comes as Meta, like other major tech firms, races to gain an edge in AI, intensifying a battle for senior talent. CEO Mark ...
- Meta's TBD Lab research unit has 'a few dozen' researchers and engineers, CFO saysThe team name, TBD Lab, was a placeholder that had "stuck" and felt appropriate, as much of what the team would build was yet to be precise...
- Meta to share AI infrastructure costs via $2 billion asset saleIn its quarterly filing on Thursday, Meta said it had approved a plan in June to dispose of certain data center assets and reclassified $2....
- WhatsApp surpasses 3 billion users as Meta pushes AI adoption globallyMeta CEO Mark Zuckerberg announced WhatsApp now has over 3 billion monthly users, with its business platform significantly boosting app rev...
- Meta to introduce ads on Threads in early 2025: reportThreads app was launched in July last year as a challenger to X, formerly Twitter, in a bid to win users from the de facto micro-blogging s...
- Washington Post’s Taylor Lorenz removed from Twitter after she sought Elon Musk’s comment on storyTechnology reporter Taylor Lorenz for the Washington Post claims her Twitter account was suspended on Saturday after she contacted Twitter'...
- Mark Zuckerberg names new chief strategy and chief financial officers for MetaMeta reported its first revenue fall in company history on Thursday due to a decline in ad expenditure as the economy deteriorates and as r...
- Gates Foundation world's wealthiest private charitable organisation: ReportAccording to Wealth-X, there are over 5,000 UHNW-founded private foundations and collectively, these foundations have a total assets of $56...
- Copper demand may go up in China in 2013Copper demand in China, the world’s biggest user of the metal , is expected to improve next year as the economy recovers, according to Auru...
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