laying

Zuckerberg warns ‘success isn’t a given’ after laying off 10% of Meta

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As Meta cut 10% of its workforce on Wednesday — a move that had been anticipated for more than a month — CEO Mark Zuckerberg addressed the tech giant’s transition in a companywide memo. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Zuckerberg thanked the impacted employees, stressed … Read more

Meta begins laying off hundreds of employees across five divisions

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Meta began laying off hundreds of employees on Wednesday, impacting its Reality Labs virtual reality division and at least four other divisions, a source familiar with the matter told NBC News. The job cuts are part of a larger company reorganization. A Meta spokesperson said in a statement that “teams across Meta regularly restructure or … Read more