Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...

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

The layoffs will remove 5 percent of Meta's workforce as an effort to 'move out low performers faster' in preparation for 'an ...

Meta plans to dismiss approximately 3,600 employees identified as low performers, representing 5  per cent of its workforce, ...

That could affect about 3,600 workers.

Jack Cooper Transport Co. will permanently close its operating unit in Liberty, Missouri, on Feb. 2, 2025, affecting about ...

Microsoft confirms more cuts are incoming, including to its gaming and security teams, unrelated to last week's lay offs.

As reported by Business Insider, Microsoft is laying off employees across multiple parts of the organization. These include ...

Issuing a separate message by a company director, the firm pointed out that it is letting go of ‘approximately 5 per cent of ...

CEO Mark Zuckerberg said the performance-based cuts are intended to ensure that the company has the "strongest talent" and is ...

The company said in a memo sent to its employees on Tuesday that the layoffs would be based on performance ratings.

Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company ...