Impacted employees are coming forward to challenge the perception that Zuckerberg simply wanted to cut the dead weight, insisting that is no more than a 'corporate facade.' ...

Meta gained 17% in 16 days, the longest winning streak for a Nasdaq 100 firm since 1990. Investors have cheered its AI plans ...

Even in a market where AI winners are richly rewarded, Meta Platforms stands out.The shares are coming off a rally of 16 straight sessions, the longest streak of any current Nasdaq 100 Index company ...

Facebook parent firm Meta has announced layoffs based on performance of its employees. Mark Zuckerberg's company is starting ...

The string of catalysts has been remarkable. In January, CEO Mark Zuckerberg said the company plans to invest as much as ...

In a separate message to managers, the Facebook co-founder said the cuts would create headcount for the company to hire the ...

In an open letter, CEO Jonah Peretti calls out TikTok and Meta for prioritizing AI tech over content and says people miss the ...

Meta has begun laying off thousands of employees, primarily those deemed underperforming, as it shifts focus towards AI ...

Meta is re-aligning its workforce to prioritise AI development, cutting around 4,000 jobs while hiring more AI engineers ...

The rally began in late January, following CEO Zuckerberg's announcement of ambitious plans to spend over $60 billion this ...

Meta Platforms, on Monday, February 10, began terminating employees deemed "low-performing," notifying affected staff via ...

While tech was rocked by the emergence of DeepSeek, a Chinese AI startup that claimed strong performance despite costing less and requiring fewer chips, Meta shares climbed. Investors took DeepSeek’s ...