Meta's plan to erase 5% of workforce starts today
Meta reported $62.36 billion in net profit in 2024 [PDF] up 59 percent year-on-year, on the back of a 22 percent rise in ...
The Number of Unemployed IT Workers Grew By 54,000 in a Month. An Expert Says AI Is to Blame.
The tech labor market is experiencing unemployment higher than average, and artificial intelligence is most likely to blame.
Meta begins layoffs as it doubles down on AI investment
Meta, the parent company of Facebook, Instagram, and WhatsApp, has begun a new round of layoffs as part of its ongoing effort to streamline operations and ramp up investments in artificial ...
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