Facebook Workforce

Meta Platforms Inc expects to cut around 490 jobs at its international headquarters in Dublin, or almost 20% of its Irish workforce, part of 10,000 global layoffs announced in March, the social media company said on Wednesday.

Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...

Cloud storage provider Dropbox said on Thursday it would reduce its global workforce by 16 percent to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings. Dropbox's chief executive officer, Drew Houston, said the company's core cloud business growth was slowing as challenges from the economic downturn put pr...

Meta has notified managers to prepare to announce job cuts on Wednesday, according to a company memo. The Facebook parent is set to lay off employees across divisions such as Facebook, WhatsApp, Instagram, and Reality Labs. The firm previously slashed about 13 percent of its workforce, or about 11,000 jobs, last year.

Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak adv...

Meta Platforms said on Monday Chief Business Officer Marne Levine was leaving the owner of Facebook after a 13-year stint. Fifty-two-year-old Levine, appointed as the company's first chief business officer in 2021, has served in various other executive positions at the social media company, including chief operating officer of Instagram.

Meta is said to have asked many of its managers and directors to transition to individual contributor jobs or leave the Facebook parent firm. The company reduced its workforce by 13 percent last November, during its first major layoffs.

Amazon mass layoffs, which began in the company’s corporate ranks this week will extend into next year, CEO Andy Jassy said Thursday. In a note sent to employees, Jassy said the company told workers in its devices and books divisions about layoffs on Wednesday. He said it also offered some other employees a voluntary buyout offer.

WhatsApp's India head Abhijit Bose and Meta's public policy director in India Rajiv Aggarwal have quit the firm, the company confirmed on Tuesday. Facebook parent Meta is currently in the middle of massive layoffs and the firm will cut 13 percent of its workforce, or nearly 11,000 workers. However, Meta stated that the high-profile exits were not r...

Meta Platforms Inc said today it would cut more than 11,000 jobs, or 13% of its workforce, in one of the year's biggest layoffs as the Facebook parent battles soaring costs.

Meta Platforms Inc said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year.

Meta said on Wednesday it will let go of 13 percent of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market. The firm said it would pay 16 weeks of base pay plus two additional weeks for every year of service as a part of the severance ...

Meta is cutting back on some of its long-term investments as the growth is slowing and the company is almost entirely reliant on digital ads for revenue.

More women are getting into leadership roles in the tech industry, which has long been seen as an area dominated by men. The report, prepared by consulting firm Deloitte, said women will hold about one in four leadership roles at large global technology companies this year. That is a jump of 20 percent from 2019 and the momentum is noticeable since...

All of a sudden, every tech company wants a diversity consultant. "My phone has been ringing off the hook," says Kevin Nichols, founder of The Social Engineering Project, a Stanford University venture that promotes equality in the tech sector.

Meta Platforms Inc expects to cut around 490 jobs at its international headquarters in Dublin, or almost 20% of its Irish workforce, part of 10,000 global layoffs announced in March, the social media company said on Wednesday.

Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...

Cloud storage provider Dropbox said on Thursday it would reduce its global workforce by 16 percent to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings. Dropbox's chief executive officer, Drew Houston, said the company's core cloud business growth was slowing as challenges from the economic downturn put pr...

Meta has notified managers to prepare to announce job cuts on Wednesday, according to a company memo. The Facebook parent is set to lay off employees across divisions such as Facebook, WhatsApp, Instagram, and Reality Labs. The firm previously slashed about 13 percent of its workforce, or about 11,000 jobs, last year.

Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak adv...

Meta Platforms said on Monday Chief Business Officer Marne Levine was leaving the owner of Facebook after a 13-year stint. Fifty-two-year-old Levine, appointed as the company's first chief business officer in 2021, has served in various other executive positions at the social media company, including chief operating officer of Instagram.

Meta is said to have asked many of its managers and directors to transition to individual contributor jobs or leave the Facebook parent firm. The company reduced its workforce by 13 percent last November, during its first major layoffs.

Amazon mass layoffs, which began in the company’s corporate ranks this week will extend into next year, CEO Andy Jassy said Thursday. In a note sent to employees, Jassy said the company told workers in its devices and books divisions about layoffs on Wednesday. He said it also offered some other employees a voluntary buyout offer.

WhatsApp's India head Abhijit Bose and Meta's public policy director in India Rajiv Aggarwal have quit the firm, the company confirmed on Tuesday. Facebook parent Meta is currently in the middle of massive layoffs and the firm will cut 13 percent of its workforce, or nearly 11,000 workers. However, Meta stated that the high-profile exits were not r...

Meta Platforms Inc said today it would cut more than 11,000 jobs, or 13% of its workforce, in one of the year's biggest layoffs as the Facebook parent battles soaring costs.

Meta Platforms Inc said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year.

Meta said on Wednesday it will let go of 13 percent of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market. The firm said it would pay 16 weeks of base pay plus two additional weeks for every year of service as a part of the severance ...

Meta is cutting back on some of its long-term investments as the growth is slowing and the company is almost entirely reliant on digital ads for revenue.

More women are getting into leadership roles in the tech industry, which has long been seen as an area dominated by men. The report, prepared by consulting firm Deloitte, said women will hold about one in four leadership roles at large global technology companies this year. That is a jump of 20 percent from 2019 and the momentum is noticeable since...

All of a sudden, every tech company wants a diversity consultant. "My phone has been ringing off the hook," says Kevin Nichols, founder of The Social Engineering Project, a Stanford University venture that promotes equality in the tech sector.