Meta Platforms began its previously planned mass layoffs on Wednesday, The Wall Street Journal reported, citing an internal memo and people familiar with the situation.

CEO Mark Zuckerberg issued an all-hands memo to employees confirming that Meta is laying off around 8,000 employees and transferring another 7,000, according to reports from Sky News and Business ...

8,000 staffers are reportedly affected, around 10 percent of the company. 8,000 staffers are reportedly affected, around 10 percent of the company. is a news writer focused on creative industries, ...

The tech company Meta kicked off a sweeping reorganization on Wednesday that will shrink its workforce and accelerate a pivot toward artificial intelligence. In an internal memo last month, the parent ...

Meta Platforms, Inc. (NASDAQ:META) is one of the best stocks to buy with wide moats. The latest moat-relevant update came on May 5, 2026, when Reuters reported that Meta Platforms, Inc. (NASDAQ:META) ...

It’s hard to even imagine now, but immediately after it launched in 2004, there was nothing on the internet cooler than Facebook. It was initially available only to Harvard students, then gradually ...

Ms. Angwin, a contributing Opinion writer, is an investigative journalist. There is a moment when internet companies get the stink of death on them. For AOL, it was 2003, when it became clear that its ...

As it adapts to the artificial intelligence era, the company is pushing many of its 78,000 workers to use the technology, and preparing to lay some of them off. Credit...Doug Chayka Supported by By ...

When costs grow faster than the top line, margins shrink, and less of the company's revenue growth flows through to the bottom line. And for a third consecutive quarter, Meta's costs and expenses rose ...

Meta has acquired humanoid robotics startup Assured Robot Intelligence (ARI) for an undisclosed sum, the social media giant said. “We acquired Assured Robot Intelligence, a company at the frontier of ...

View post: A controversial fashion giant is closing its fitting rooms ...

Recap: One of the earliest controversies to emerge from the generative AI boom centered on a troubling revelation: much of the infrastructure underpinning these systems was built on the labor of ...