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Meta to cut 5% of workforce based on performance reviews
Meta's performance-based cuts could kick off a wider trend in tech
In today's big story, Meta is looking to quickly get rid of low performers with companywide cuts as it prepares for what Mark Zuckerberg says will be an "intense year." What's on deck Markets: The saga of finding Jamie Dimon's replacement takes another twist.
Meta To Lay Off 3,600 Employees In Performance-based Cuts
Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on Tuesday.
Mark Zuckerberg warns Meta staff that low performers will be cut
Meta CEO Mark Zuckerberg plans to cut 5% of the company’s lowest performers among other changes in 2025. 'You hate Chinese, we punch punch': How Chinese netizens are welcoming American 'TikTok refugees' 10 Celebrities Who Got Their Start on ‘The Mickey Mouse Club’ Israel and Hamas reach Gaza hostage deal,
Microsoft, quantum computing
New Microsoft Program Gives Quantum Stocks Reprieve From Recent Losses
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.
Microsoft’s Quantum Leap Sparks a Rally: What to Expect from Quantum Computing Stocks
Quantum Computing is a Real Thing according to Microsoft’s comments this morning. Shares of D-Wave Quantum Inc , Rigetti Computing and IonQ Corporation are
Quantum Era Begins: Microsoft Unveils Quantum Ready Program
Pre-market, Microsoft stock is up 1.3%, with the announcement also boosting shares of quantum computing stocks. At last glance, D-Wave Quantum (QBTS) is up 25.2%, Rigetti Computing (RGTI) is 16% higher,
14h
on MSN
Meta following Microsoft footsteps? Why has Mark Zuckerberg decided to lay off 3,600 employees: Explained in 10 points
Facebook parent company Meta has announced another round of layoffs. Mark Zuckerberg is planning to fire 3,600 employees.
2d
on MSN
Microsoft creates new AI engineering group led by former Meta executive
Microsoft is creating a new engineering group that’s focused on artificial intelligence. Led by former Meta engineering chief ...
2h
on MSN
Meta adds 200 megawatts of solar to its 12 gigawatt renewable portfolio
Meta this week announced that it was buying 200 megawatts of solar energy from multinational electric utility Engie, adding ...
2d
on MSN
Microsoft creates new AI platform and tools division, led by former Facebook engineering chief
Microsoft is creating a new engineering division, led by the former global head of engineering at Facebook (now Meta), that ...
7d
The list of major US companies laying off staff in the new year, including Meta, Microsoft, and BlackRock
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Microsoft, BlackRock, and Ally are among ...
1d
on MSN
Microsoft forms new internal dev-focused AI org
Microsoft has created a new engineering org aimed at accelerating AI infrastructure and software development within the ...
1d
on MSN
Microsoft CEO Nadella forms new AI group to build and run apps for customers
Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers, the company ...
2d
Microsoft starts new AI division led by former Meta engineer
The Redmond-headquartered company has been retooling its AI divisions over the past year, hiring former Inflection CEO ...
9h
Meta's Instagram down for thousands of users in the US, Downdetector shows
Meta Platforms's Instagram was down for thousands of users in the U.S. on Wednesday morning, according outage tracking ...
8h
on MSN
The crazy ride in quantum computing stocks continues as shares rip higher on Microsoft's 'quantum ready' directive
Microsoft announced a program to help businesses prepare for the advent of the quantum computing era. Azizirad said this is ...
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