Meta, led by CEO Mark Zuckerberg, says it will not conduct new performance-based layoffs, shifting from last year's 5% workforce reduction.

Meta has clarified that it is not preparing a new round of companywide performance-based layoffs, responding to growing speculation that the social media company might quietly reintroduce a strategy ...

Block earned some praise for its "relatively generous" severance package. Here is a look at what other Big Tech companies ...

Meta Platforms Inc. plans to permanently lay off about 331 employees in Washington state beginning March 20, according to a filing with state employment officials. The layoffs will affect workers at ...

E-commerce giant Amazon recently confirmed plans to cut approximately 16,000 corporate jobs in 2026 as part of a broader ...

Meta Platforms and Western Digital Technologies have both trimmed Bay Area jobs in cutbacks that will affect more than 100 ...

Meta is pivoting its metaverse strategy, shifting its Horizon Worlds app from VR to mobile to challenge Roblox and Fortnite.

Technology companies have continued to lay off staff in 2025 and 2026, despite the support of the new US administration. Here's an updated timeline of notable layoffs, and reasons why Big Tech is in ...

In general, Meta frames many of its recent moves as a pivot away from first-party development of VR experiences to a focus on ...