#meta-layoffs-and-studio-closures
#meta-layoffs-and-studio-closures

Meta is laying off 10% of its entire staff next month. Read the full memo it just sent.

Meta plans to lay off about 10% of its workforce, affecting approximately 7,800 employees, to run the company more efficiently.

Silicon Valley

fromSFGATE

Meta continues Reality Labs layoffs as even larger cuts reportedly loom

Meta laid off over 700 employees in California, primarily from its Reality Labs division, amid ongoing financial losses and plans for further global cuts.

fromIrish Independent

2 hours ago

Meta cuts nearly 8,000 jobs as it tells workers it's looking to be more efficient

Meta plans to lay off around 10% of its workforce as part of a major restructuring effort.

fromLos Angeles Times

Why Meta is laying off 10% of its workforce

Meta plans to lay off 8,000 employees, about 10% of its workforce, to cut costs and focus on artificial intelligence.

fromThe Verge

Meta is laying off 10 percent of its staff

Meta plans to lay off about 10% of its workforce, affecting approximately 8,000 employees, while closing around 6,000 open roles.

fromwww.npr.org

11 hours ago

US news

Meta will lay off 10% of its staff

Meta is laying off 10% of its entire staff next month. Read the full memo it just sent.

Meta plans to lay off about 10% of its workforce, affecting approximately 7,800 employees, to run the company more efficiently.

Silicon Valley

fromSFGATE

Meta continues Reality Labs layoffs as even larger cuts reportedly loom

Meta laid off over 700 employees in California, primarily from its Reality Labs division, amid ongoing financial losses and plans for further global cuts.

fromIrish Independent

2 hours ago

Meta cuts nearly 8,000 jobs as it tells workers it's looking to be more efficient

Meta plans to lay off around 10% of its workforce as part of a major restructuring effort.

Microsoft offers buyout for up to 7% of U.S. employees | TechCrunch

Microsoft is offering voluntary retirement buyouts for the first time, allowing eligible employees to leave without mass layoffs.

Video games

fromKotaku

Microsoft Offers Veteran Employees One-Time Retirement Buyouts

Microsoft offers early retirement buyouts to employees with 70 years of combined age and service.

fromTechRepublic

Microsoft Offers First-Ever Retirement Buyouts to Thousands of Employees

Microsoft introduces a voluntary retirement program for select employees amid the AI boom, targeting those with 70 combined years of age and service.

fromTNW | Future-Of-Work

Microsoft's first voluntary retirement offer is a buyout dressed as a benefit

Microsoft is offering voluntary retirement to 7% of its US workforce, targeting senior directors and below, amid significant layoffs and a hiring freeze.

Microsoft is making this first-ever move to cut workforce size amid the AI shift

Microsoft is offering voluntary buyouts to select employees as part of a restructuring amid shifts in the tech industry due to AI advancements.

Microsoft is reportedly offering voluntary buyouts to up to 7 percent of its employees

Microsoft is initiating a voluntary buyout program for US employees at senior director level and below, potentially affecting up to 8,750 workers.

Microsoft offers buyout for up to 7% of U.S. employees | TechCrunch

Microsoft is offering voluntary retirement buyouts for the first time, allowing eligible employees to leave without mass layoffs.

Video games

fromKotaku

Microsoft Offers Veteran Employees One-Time Retirement Buyouts

Microsoft offers early retirement buyouts to employees with 70 years of combined age and service.

fromTechRepublic

Microsoft Offers First-Ever Retirement Buyouts to Thousands of Employees

Microsoft introduces a voluntary retirement program for select employees amid the AI boom, targeting those with 70 combined years of age and service.

fromTNW | Future-Of-Work

Microsoft's first voluntary retirement offer is a buyout dressed as a benefit

Microsoft is offering voluntary retirement to 7% of its US workforce, targeting senior directors and below, amid significant layoffs and a hiring freeze.

Microsoft is making this first-ever move to cut workforce size amid the AI shift

Microsoft is offering voluntary buyouts to select employees as part of a restructuring amid shifts in the tech industry due to AI advancements.

Microsoft is reportedly offering voluntary buyouts to up to 7 percent of its employees

Microsoft is initiating a voluntary buyout program for US employees at senior director level and below, potentially affecting up to 8,750 workers.

more#microsoft

#meta-platforms

Marketing tech

fromwww.morningstar.com

Going Into Earnings, Is Meta Stock a Buy, a Sell, or Fairly Valued?

Meta Platforms is expected to report strong earnings growth driven by advertising and AI investments.

fromThe Motley Fool

Should You Buy Meta Before April 29? | The Motley Fool

Meta Platforms is heavily investing in artificial intelligence to enhance its social media business and drive future revenue growth.

fromTheStreet

UBS makes fresh call on Meta Platforms stock price

UBS raised Meta's price target to $908, citing strong AI-driven ad growth momentum.

fromBusiness Matters

Meta to axe 8,000 jobs in May as Zuckerberg bets the house on AI

Meta Platforms plans to cut about 8,000 jobs as part of a global redundancy program to focus on artificial intelligence.

Marketing tech

fromwww.morningstar.com

Going Into Earnings, Is Meta Stock a Buy, a Sell, or Fairly Valued?

Meta Platforms is expected to report strong earnings growth driven by advertising and AI investments.

fromThe Motley Fool

Should You Buy Meta Before April 29? | The Motley Fool

Meta Platforms is heavily investing in artificial intelligence to enhance its social media business and drive future revenue growth.

fromTheStreet

UBS makes fresh call on Meta Platforms stock price

UBS raised Meta's price target to $908, citing strong AI-driven ad growth momentum.

fromBusiness Matters

Meta to axe 8,000 jobs in May as Zuckerberg bets the house on AI

Meta Platforms plans to cut about 8,000 jobs as part of a global redundancy program to focus on artificial intelligence.

Fewer than 1 in 4 workers feel their job is safe. Here's why worker 'FOBO'-fear of becoming obsolete-is hurting companies | Fortune

Job insecurity is pervasive across sectors, with many workers fearing layoffs and feeling their positions are not safe.

Startup companies

22 hours ago

Venture capitalist Nabeel Hyatt says training robots will reshape the future of work

Robotics requires diverse, real-world data to train models effectively, as environments and tasks vary significantly across different settings.

from24/7 Wall St.

14 hours ago

Salesforce Plummets 9% on Sector Panic. Is the Cloud Software King on Sale?

Salesforce stock dropped 9% due to sector-wide panic following ServiceNow's Q1 report, despite strong fundamentals and no company-specific issues.

Meta's CTO Claims He Rarely Feels Stressed Out - Here Are His Top Strategies to Stay That Way

Andrew Bosworth experiences stress only a few times a year, managing it through exercise, deep breathing, and family time.

Mental health

17 hours ago

Meta's CTO Claims He Rarely Feels Stressed Out - Here Are His Top Strategies to Stay That Way

Andrew Bosworth experiences stress only a few times a year, managing it through exercise, deep breathing, and family time.

Mental health

17 hours ago

Meta's CTO Claims He Rarely Feels Stressed Out - Here Are His Top Strategies to Stay That Way

Andrew Bosworth experiences stress only a few times a year, managing it through exercise, deep breathing, and family time.

Mental health

Online Community Development

17 hours ago

Meta's CTO Claims He Rarely Feels Stressed Out - Here Are His Top Strategies to Stay That Way

Andrew Bosworth experiences stress only a few times a year, managing it through exercise, deep breathing, and family time.

more#stress-management

16 hours ago

X is shutting down Communities because of low usage and lots of spam | TechCrunch

X is shutting down its Communities feature due to low usage and high spam reports.

LinkedIn CEO change: Daniel Shapero takes the helm as Ryan Roslansky broadens Microsoft role

Daniel Shapero becomes LinkedIn's new CEO, succeeding Ryan Roslansky, as the company achieves over $5 billion in quarterly revenue.

LinkedIn's CEO is moving on; please hold your tearful video tributes | TechCrunch

Ryan Roslansky stepped down as LinkedIn's CEO after six years, succeeded by COO Dan Shapero, leaving a significantly larger platform and revenue.

fromwww.socialmediatoday.com

LinkedIn CEO transitions to new role focused on AI development

Ryan Roslansky steps down as LinkedIn CEO to focus on AI transformation at Microsoft.

fromGeekWire

LinkedIn CEO change: Daniel Shapero takes the helm as Ryan Roslansky broadens Microsoft role

Daniel Shapero becomes LinkedIn's new CEO, succeeding Ryan Roslansky, as the company achieves over $5 billion in quarterly revenue.

LinkedIn's CEO is moving on; please hold your tearful video tributes | TechCrunch

Ryan Roslansky stepped down as LinkedIn's CEO after six years, succeeded by COO Dan Shapero, leaving a significantly larger platform and revenue.

fromwww.socialmediatoday.com

LinkedIn CEO transitions to new role focused on AI development

Ryan Roslansky steps down as LinkedIn CEO to focus on AI transformation at Microsoft.

Day Around the Bay: Snap Inc. Lays Off 1,000 Employees, Because of AI

BART experienced multiple train issues, and Snap, Inc. announced significant layoffs while the US House faces turmoil over government funding.

8 hours ago

Read Nike's memo announcing 1,400 job cuts, most in tech, as it reshapes operations

Nike is cutting 1,400 jobs in its global operations team, primarily in technology, as part of its turnaround plan.

LinkedIn's new CEO says the company you keep has a bigger impact on your career than job titles | Fortune

Daniel Shapero emphasizes the importance of choosing the right people over titles in achieving career success.

Silicon Valley

Nvidia CEO Jensen Huang: 'Most people will lose their job to somebody who uses AI'-not to AI itself

AI technology will create more opportunities than it destroys in the job market.

#layoffs

'No idea what tomorrow will look like': In TikTok's 'unemployment diaries,' workers document life after layoffs

Karlee Rea documents her layoff experience and the challenges of job searching in a series of vlogs amid rising unemployment among Gen Z.

fromSlate Magazine

I Had the Dream Job Everyone Wanted. Then My Peers and I Lost It All.

Mass layoffs in tech have left many experienced professionals feeling humiliated and uncertain about their future job prospects.

Snap Inc blames AI as it lays off 1,000 workers

Snapchat's parent company plans to lay off 16% of its workforce, citing advancements in artificial intelligence as a key factor.

'No idea what tomorrow will look like': In TikTok's 'unemployment diaries,' workers document life after layoffs

Karlee Rea documents her layoff experience and the challenges of job searching in a series of vlogs amid rising unemployment among Gen Z.

fromSlate Magazine

I Had the Dream Job Everyone Wanted. Then My Peers and I Lost It All.

Mass layoffs in tech have left many experienced professionals feeling humiliated and uncertain about their future job prospects.

Snap Inc blames AI as it lays off 1,000 workers

Snapchat's parent company plans to lay off 16% of its workforce, citing advancements in artificial intelligence as a key factor.

more#layoffs

The new Amazon: How employees are navigating AI, RTO, and a shifting culture

Amazon's cultural transformation emphasizes efficiency and accountability, impacting employee dynamics and the broader labor market.

fromAxios

Silicon Valley is building its own news-industrial complex

Elon Musk's X has transformed news into a product for trading and monetization, leading to new platforms like MTS and Objection.AI.

#ai-adoption

fromComputerworld

3 hours ago

The AI workplace paradox: Higher productivity, higher anxiety

AI adoption is widespread among developers and IT staff, despite their concerns about job security due to potential displacement.

Top HR leaders warn against using AI as cover for mass layoffs | Fortune

Layoffs due to AI adoption may be shortsighted; companies should focus on redeploying talent instead.

fromComputerworld

3 hours ago

The AI workplace paradox: Higher productivity, higher anxiety

AI adoption is widespread among developers and IT staff, despite their concerns about job security due to potential displacement.

Top HR leaders warn against using AI as cover for mass layoffs | Fortune

Layoffs due to AI adoption may be shortsighted; companies should focus on redeploying talent instead.

more#ai-adoption

The AI layoff playbook is here

Tech firms are laying off employees to adapt to AI, emphasizing efficiency and a new way of working.

Meta CTO says he feels stressed out 4-5 times a year and he knows the 'trigger'

Andrew Bosworth manages work stress through prioritization, deep breathing, exercise, and family time, feeling stressed only a few times a year.

fromVulture

Why Disney Fired 1,000 Employees Last Week

Walt Disney Company underwent significant layoffs, emphasizing a shift towards streaming and reducing focus on physical media and Marvel's precarious position.

#ai-training

Hey Meta workers, are you getting paid for those keystrokes?

AI is now using employee data for training, raising concerns about surveillance and job security.

fromThe Verge

Artificial intelligence

Now Meta will track what employees do on their computers to train its AI agents

Meta is using employee activity data to train AI agents for better task automation.

Hey Meta workers, are you getting paid for those keystrokes?

AI is now using employee data for training, raising concerns about surveillance and job security.

fromThe Verge

Now Meta will track what employees do on their computers to train its AI agents

Meta is using employee activity data to train AI agents for better task automation.

more#ai-training

fromComputerworld

6 hours ago

The agentic AI frenzy increases as more vendors stake their claims

OpenAI, Microsoft, and Google are rapidly advancing AI agent technologies to enhance workplace productivity and collaboration.

#ai

18 hours ago

Bank of America's CEO Told Employees 'You Don't Have to Worry' About AI Replacing Jobs - Four Months Later, He Cut 1,000

AI is leading to significant job reductions in major banks, with 15,000 positions cut as profits rise.

fromwww.nytimes.com

Video: Opinion | A Real Plan for A.I. Job Losses

A.I. Dividend proposes universal basic income to address potential job losses due to A.I. replacing human labor.

6 days ago

Twitter cofounder Jack Dorsey breaks down his thought process when he laid off 40% of his Block staffers because of AI | Fortune

Block's CEO Jack Dorsey announced a 40% staff reduction, attributing it to advancements in AI technology.

18 hours ago

Bank of America's CEO Told Employees 'You Don't Have to Worry' About AI Replacing Jobs - Four Months Later, He Cut 1,000

AI is leading to significant job reductions in major banks, with 15,000 positions cut as profits rise.

fromwww.nytimes.com

Video: Opinion | A Real Plan for A.I. Job Losses

A.I. Dividend proposes universal basic income to address potential job losses due to A.I. replacing human labor.

6 days ago

Twitter cofounder Jack Dorsey breaks down his thought process when he laid off 40% of his Block staffers because of AI | Fortune

Block's CEO Jack Dorsey announced a 40% staff reduction, attributing it to advancements in AI technology.

Oracle cuts more than 700 jobs in California amid massive round of layoffs

Oracle laid off over 700 employees in California, part of a larger reduction affecting 30,000 workers globally.

10 hours ago

Microsoft and Meta announce sweeping layoffs as they spend big on AI

Meta and Microsoft are laying off thousands while investing heavily in AI to enhance productivity and efficiency.

6 hours ago

Tech jobs have hit an AI air pocket. Is it temporary or permanent?

Tech job cuts are influenced by both temporary adjustments and potential permanent changes, with AI playing a significant role in the evolving landscape.

This talent CEO says laid-off tech workers are ignoring a $300K 'white-collar trade job' with 81K openings a year | Fortune

AI's impact on jobs is real, but demand for skilled technicians in data center infrastructure is rising, offering new career opportunities.

2 weeks ago

Tech companies are cutting jobs and betting on AI. The payoff is far from guaranteed

Tech workers face job insecurity as AI investments lead to significant layoffs across major companies, despite AI's current limitations in replacing human roles.

Snap is laying off 16 percent of its workforce, blames AI

Snap is laying off 1,000 employees, 16% of its workforce, to save over $500 million and replace roles with AI.

Snap layoffs today: 16% of jobs cut as CEO Evan Spiegel is the latest to tout AI advances

Snap is laying off about 1,000 employees, citing AI advancements as a reason for increased efficiency and reduced workforce.

Snap is laying off 16 percent of its workforce, blames AI

Snap is laying off 1,000 employees, 16% of its workforce, to save over $500 million and replace roles with AI.

Snap layoffs today: 16% of jobs cut as CEO Evan Spiegel is the latest to tout AI advances

Snap is laying off about 1,000 employees, citing AI advancements as a reason for increased efficiency and reduced workforce.

more#snap

Mark Zuckerberg's Meta fulfills Jack Dorsey's dire prophecy with plans to cut 20% of staff for AI | Fortune

Meta's planned 20% workforce reduction signals a broader industry shift toward AI-enabled organizations, with other major tech companies following suit through significant layoffs and restructuring.

#meta-layoffs

fromFuturism

Meta Reportingly Firing a Vast Percentage of Its Staff in Zuckerberg's Move to AI

Meta plans massive layoffs affecting 20% of workforce while investing $135 billion in AI infrastructure, prioritizing automation over human employment.

fromTechzine Global

Meta denies rumors of sweeping layoffs to fund AI

Meta plans potential layoffs affecting up to 20% of its workforce (16,000 employees) driven by soaring AI infrastructure costs and efficiency demands, though no final decision on timing or scale has been made.

fromsfist.com

Report: Meta Planning to Lay Off 16,000 Employees In AI-Driven Move to Cut Costs

Meta plans to cut approximately 20% of its 79,000-person workforce to offset massive AI investment costs, potentially affecting nearly 16,000 employees.

Tech industry

Meta reportedly considering layoffs that could affect 20% of the company | TechCrunch

fromFuturism

Meta Reportingly Firing a Vast Percentage of Its Staff in Zuckerberg's Move to AI

Meta plans massive layoffs affecting 20% of workforce while investing $135 billion in AI infrastructure, prioritizing automation over human employment.

fromTechzine Global

Meta denies rumors of sweeping layoffs to fund AI

fromsfist.com

Report: Meta Planning to Lay Off 16,000 Employees In AI-Driven Move to Cut Costs

Meta plans to cut approximately 20% of its 79,000-person workforce to offset massive AI investment costs, potentially affecting nearly 16,000 employees.