Facebook parent company Meta has announced another round of layoffs. Mark Zuckerberg is planning to fire 3,600 employees. This is not the first time when Meta has announced layoffs. CEO Mark Zuckerberg said the performance-based cuts are intended to ensure that the company has the "strongest talent" and is able to "bring new people in.
Stephen Miller told Zuckerberg that the billionaire mogul had “an opportunity to help reform America, but it would be on Trump’s terms.”
Meta CEO Mark Zuckerberg has announced sweeping layoffs of what he refers to as "low-performers." According to an internal company-wide memo obtained by Bloomberg, the Facebook owner is cutting around five percent of its staff based on performance.
Meta has been chasing it for years. So has the rest of big tech. But consumers still aren't buying AR or VR headsets.
Mark Zuckerberg said that Meta and some of the biggest companies ... If you enjoyed this story, be sure to follow Business Insider on Microsoft Start.
Quantum stocks rallied Wednesday, a day after Microsoft called 2025 "the year to become quantum-ready," mitigating a string of recent losses spurred by high-profile bearish comments on the sector.
Stock splits signal confidence from management that shares will continue to move higher. Buying stocks before management announces a split could sometimes give a boost to your returns. These two companies still have tremendous upside even if they never split their shares.
On a nearly three-hour episode of Joe Rogan's podcast, Zuckerberg signaled optimism about what a Trump presidency means for tech businesses.
The top billionaires of Silicon Valley have gone from supporting Democrats to being all in on Trump. What happened?
There’s no official ruling on the collective noun for a group of billionaires, but if ever we needed one it was this week, writes Ange Lavoipierre.