8 articles tagged with "layoffs"
A leaked memo from Meta outlines unconventional strategies following significant layoffs, raising questions about the company's operational capacity and future direction.
The Kennedy Center is implementing layoffs in response to potential funding cuts due to an impending government shutdown directed by Trump, which could disrupt arts organizations nationwide.
Meta is executing significant layoffs across multiple departments as it reallocates resources towards artificial intelligence development.
Deno is currently facing significant operational challenges as its CEO remains untraceable. Reports indicate a decline in performance and recent layoffs have raised concerns about the company's future.
CBS News has discontinued its radio news service, a significant shift in broadcasting that began in 1927 and reached 700 stations. This decision is part of broader layoffs within the organization.
Meta's stock rose nearly 3% following news of planned layoffs intended to offset significant AI expenditures projected to reach $135 billion by 2026.
Meta is reportedly considering layoffs of up to 20 percent of its workforce, potentially eliminating around 15,800 positions to manage rising expenses related to AI and data centers.
Meta is reportedly planning substantial layoffs due to escalating financial pressures linked to AI technology development.