Meta’s flailing virtual reality social experience is being discontinued in June. It's part of Meta’s broader moves to slim down the business that became its namesake. The move comes after Meta made ...
Meta’s stock jumped more than 3% in early Monday trading on news that Mark Zuckerberg’s company is planning to cut more than 20% of the company’s workforce as it ramps up spending on artificial ...
Meta's stock climbed after Reuters reported the social media giant is planning to lay off over 20% of its 79,000 employees to balance AI-related spending. A company spokesperson told CNBC: "This is a ...
The WhatsApp logo appears on a smartphone screen and as a background on a computer screen in this photo illustration in Athens, Greece, on August 6, 2025. WhatsApp takes down 6.8 million accounts ...
Chikara Kennedy worked at Meta for nearly five years before getting laid off. Kennedy said to lean on your network after a layoff and let yourself feel the emotions of job loss. She said one mistake ...
Meta is backtracking on its plans to shut down the VR version of its metaverse. The company now plans to support Horizon Worlds in VR for the "foreseeable future," though users shouldn't expect new ...
The jobs cuts and a new stock program for executives come as Meta continues to shift its focus to artificial intelligence. The jobs cuts and a new stock program for executives come as Meta continues ...
Meta is forecasting to spend up to $135 billion this year on capital expenditures (capex). The company recently inked a new capacity agreement worth up to $27 billion to help secure access to Nvidia's ...
After hosting its pop-up shop in New York, Meta has signed a 10-year lease for its Manhattan Meta Lab NYC store, the tech behemoth announced Wednesday. At the Fifth Avenue location, shoppers can test ...
Meta is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as Meta seeks to offset costly artificial intelligence ...
Meta reportedly laid off hundreds more employees this week, less than a day after it announced that some top executives could earn nearly $1 billion in a new incentive package. The Bay Area company ...
Meta has confirmed it will discontinue a key privacy feature on Instagram, ending support for end-to-end encrypted (E2EE) messaging on the platform in 2026. Instagram users with affected conversations ...