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META DOWNSIZING
SpaceX, Anthropic, OpenAI can rewrite history for megacap IPOs- US tech giant Microsoft announces voluntary retirement: What is it, who is eligible and what is the math used in calculation?
- Meta began 2026 with a sharp cut of over 1,000 Reality Labs jobs – are Facebook or Instagram affected, or is Apple and Google’s AI wearables competition responsible?
- Meta to slash Metaverse budget by 30%; potential layoffs loom: ReportThis is in contrast to Meta's CTO and head of Reality Labs, Andrew Bosworth, who, in January, said that 2025 would be one of the most impor...04 Dec, 2025, 09.04 PM IST
- Meta's victory opens the way for Silicon Valley to go deal shoppingA federal judge ruled Meta did not illegally stifle competition by acquiring Instagram and WhatsApp, potentially reopening the door for big...19 Nov, 2025, 08.32 AM IST
- Mark Zuckerberg shakes up Meta's AI efforts, againOn Tuesday, Meta announced internally that it is splitting its AI division -- which is known as Meta Superintelligence Labs -- into four gr...20 Aug, 2025, 07.52 AM IST
- Meta layoffs spark outrage: Employees call out Mark Zuckerberg’s ‘cold-hearted’ leadership, label the company as the ‘cruelest’ tech giantMeta faced employee backlash after performance-based layoffs, affecting around 3,600 positions. Many workers, including those on medical or...14 Feb, 2025, 07.04 PM IST
- Meta layoffs spark outrage: Employees call out Mark Zuckerberg’s ‘cold-hearted’ leadership, label the company as the ‘cruelest’ tech giantMeta faced employee backlash after performance-based layoffs, affecting around 3,600 positions. Many workers, including those on medical or...14 Feb, 2025, 06.00 PM IST
- Meta layoffs 2025: Facebook parent to cut 3,600 jobs in major workforce reshuffle – What it means for employeesMeta layoffs 2025 are set to impact around 3,600 employees, marking another major job cut by the tech giant. CEO Mark Zuckerberg has emphas...10 Feb, 2025, 10.43 PM IST
- Tech layoffs continue to climb in 2024 as Intel plans 1,300 job cuts: Why are tech jobs vanishing across the US?Intel will lay off 1,300 employees in Oregon as part of cost-cutting measures. This reflects a larger trend of tech layoffs in 2024, with c...23 Oct, 2024, 11.18 PM IST
- Meta lays off tech teams, battering employee moraleMeta in March became the first Big Tech company to announce a second round of mass layoffs, which it said would take place in three main ba...20 Apr, 2023, 08.36 AM IST
- What’s driving mass layoffs in the tech sector globally?The report said that almost half of those laid off belonged to the age group of 30-40 years and had an average work experience of 11.9 year...13 Apr, 2023, 03.21 PM IST
- Meta CEO Mark Zuckerburg's 'Please Resign' email from 2010 leakedMark Zuckerberg was upset about a TechCrunch story that implied that the social media company was secretly planning to build a phone. Zucke...22 Mar, 2023, 05.38 PM IST
- Fresh round of Amazon layoffs to impact 9,000 employees across AWS, Twitch, advertisingThe fresh round of Amazon layoffs will affect staff mostly in Amazon Web Services or AWS, Amazon People eXperience and Technology (PXT), ad...21 Mar, 2023, 09.50 AM IST
- Meta rolls out new language model amid Big Tech's AI pushThe battle to dominate the AI technology space, which until recently existed more in the background, kicked off late last year with the lau...24 Feb, 2023, 11.14 PM IST
- Facebook-parent Meta planning fresh layoffs, to impact thousands: reportIn a statement shared with Meta employees, co-founder and chief executive officer Mark Zuckerberg had said going ahead, the company would m...24 Feb, 2023, 12.02 PM IST
- Uber not planning layoffs: CEO Dara KhosrowshahiUber employed some 32,600 drivers worldwide at the end of September, according to the company's last quarterly earnings report.19 Jan, 2023, 11.41 PM IST
- ‘Have to fake being employed every day.’ Sacked Meta executive has not yet told his parents about pink slipAnkit Tiwari was one of the 11,000 employees to be laid off.09 Dec, 2022, 05.00 PM IST
- Meta stock craters over bleak forecast and expensive metaverse betsThe disappointing outlook comes as Meta is contending with slowing global economic growth, competition from TikTok, privacy changes from Ap...27 Oct, 2022, 08.16 AM IST
- NFTs soon to be integrated with Instagram, says Mark ZuckerbergFacebook owner Mark Zuckerberg says that NFTs would soon be coming to Instagram. Though, Meta's CEO refrained from sharing further details ...16 Mar, 2022, 08.55 PM IST
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