While tech giants are laying off workers in 2025, economists say companies are more bullish on hiring in 2025 than years' ...

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.

Notices regarding the layoffs, which were announced in mid-January, were set to go out to underperforming employees in the U.S. and other countries on Monday morning, Meta spokesperson Tracy ...

Already in 2025, 42 companies have laid off roughly 11,000 employees, according to layoffs.fyi. Meta sent out notices to the employees who lost their jobs starting at 5 a.m. Monday local time.

After a dramatic spike in layoffs in 2022 and 2023, a handful of tech companies are trimming staff once again. Meta cut roughly 5% of its staff this week, letting go of more than 3,000 employees.