Social media company Meta Platforms has begun efforts to reduce its current staff by 5% and start fresh with new workers.

Meta, the parent company of Facebook, will conduct 'performance terminations' this week and cut roughly 5% of its staff.

Workday is laying off 1,750 employees, essentially cutting down its total workforce by 8.5%, CEO Carl Eschenbach announced ...

The first round of Meta’s job cuts kicked off on Feb. 10, and some employees who were let go are claiming that they were ...

Layoffs of federal workers would be "likely" if too few employees quit under the White House's deferred resignation program, ...

Thousands have already been laid off this year, with cuts in the tech sector expected to drive the numbers higher throughout ...

Walmart is closing its regional office in North Carolina, eliminating and relocating jobs in a move to consolidate its ...

The U.S. president was expected to sign executive orders on Tuesday putting in place the 25% tariffs on goods from Mexico and ...

"Meta’s recent layoffs have been framed as cutting the 'bottom 5%' of performers," Anu S., a former product lead at Meta ...

It basically gave the entire industry a collective heart attack,” Resonance Global co-founder Steve Schmida said. “We never ...

Meta staff in Germany, France, Italy and the Netherlands are saved for the time being but around 3,600 Meta workers are ...

More Americans filed unemployment claims last week, but the labor market remains healthy and layoffs relatively low.