Meta, the Menlo Park-based parent company of Facebook, Instagram, and WhatsApp, is cutting approximately 10% of its workforce, eliminating 8,000…
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Meta Slashed 8,000 Jobs to Fund Its AI Bet, and Middle Managers Paid the Heaviest Price
Meta's aggressive AI investment push has triggered 8,000 layoffs, with 4,665 cuts concentrated in California and Washington state. Middle managers…
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EU Forces Meta to Reopen WhatsApp to Rival AI Chatbots Under Threat of Massive Fines
The European Commission on June 9 ordered Meta to restore WhatsApp access for rival AI chatbot developers, including ChatGPT and…
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Meta Cuts 10% of Its Workforce as AI Investment Forces Out Thousands of Workers
Meta announced on April 23 plans to lay off approximately 8,000 employees — 10% of its global workforce — as…
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As Zuckerberg’s $300 Million Superyacht Sailed Through Seattle, Meta Was Cutting 1,400 Local Jobs
Mark Zuckerberg's $300 million, 387-foot superyacht *Launchpad* — built by Dutch shipbuilder Feadship — passed through Seattle's Ballard Locks on…
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Trump’s Antitrust Blitz Targets Google and Meta as Federal Judges and Regulators Move to Break Up Big Tech
The Trump administration is pressing forward with antitrust action against major tech companies despite industry hopes for a lighter touch.…
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Meta Cuts 8,000 Jobs While Sitting on $60 Billion in Profit to Fund Its AI Gamble
Meta plans to cut approximately 8,000 employees — roughly 10% of its global workforce — beginning May 20, as the…
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Europe’s 1,600km Petabit Cable Challenges NEC and Meta in the AI-Fueled Race to Rewire the Ocean Floor
European consortium IOEMA 1 Holding has partnered with advisory firm APTelecom to develop IOEMA-1, a petabit-class subsea cable spanning 1,600…
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Meta Cuts 8,000 Jobs and Doubles Down on AI With $145 Billion Bet
Meta CEO Mark Zuckerberg acknowledged feeling the "weight" of laying off approximately 8,000 employees — about 10 percent of the…
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Zuckerberg Cuts 8,000 Jobs and Bets $145 Billion on AI in Meta’s Most Aggressive Transformation Yet
Meta CEO Mark Zuckerberg cut 10% of the company's workforce on Wednesday, eliminating approximately 8,000 positions while redirecting 7,000 employees…
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