While tech giants are laying off workers in 2025, economists say companies are more bullish on hiring in 2025 than years' ...
The wave of layoffs in tech industry in 2025 seems unstoppable, as giants like Amazon and Microsoft have tightened their ...
More than 71 tech companies have already eliminated almost 7,000 employees this year to date. According to the tech industry ...
The seemingly unstoppable success of major internet platforms like Meta, Google and Amazon made it ... hundreds of thousands of jobs in mass layoffs spanning 2022 and 2023, the sector has shifted ...
Meta, the parent company of Facebook, is set to commence company-wide layoffs while fast-tracking the hiring of machine learning engineers, reported Reuters citing Meta’s internal memos.
Facebook owner Meta Platforms (META.O), opens new tab plans to carry out its expected company-wide layoffs next week while pushing ahead with the expedited hiring of machine learning engineers ...
Zuckerberg said the layoffs come during a time when Meta is heavily focusing on developing artificial intelligence, its smart glasses and “the future of social media.” “This is going to be ...
(Kenny Holston/Bloomberg News) Meta Platforms began a round of layoffs Monday that will see the company cut 5% of staff, or roughly 3,700 workers. Chief Executive Mark Zuckerberg said in a memo ...
Meta and Amazon, for instance, laid off 11,000 and 10,000 workers that year, respectively, according to Layoffs.fyi, a website tracking tech layoffs since early 2020. “People did return to in ...
After a dramatic spike in layoffs in 2022 and 2023, a handful of tech companies are trimming staff once again. Meta cut roughly ... earlier this month. Google is offering voluntary buyouts ...