The list of major companies laying off staff this year, including Blue Origin, Meta, and Microsoft
While the reasons for slimming staff vary, the cost-cutting measures are coming amid a backdrop of technological change.
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Business Insider4d
Meta is cutting jobs after saying it would target 'low performers.' That label can make things worse for those being laid off.
"Low performers" are in the firing line. Meta began laying people off Monday after saying it would target its lowest performers. Microsoft also sent termination letters last month, telling people ...
Meta, Microsoft downplay DeepSeek threat
Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly ...
Wall Street rises as gains in Meta, Tesla offset Microsoft slump
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak cloud forecast and downbeat results from Cigna dampened investor enthusiasm.
Microsoft, Meta back big AI spending despite DeepSeek's low costs
Days after Chinese startup DeepSeek's breakthrough low-cost AI computing shook the U.S. technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying ...
The Washington Post5d
Tech layoffs reveal the unintended consequences of mass job cuts
The seemingly unstoppable success of major internet platforms like Meta, Google and Amazon made it seem that the industry was immune from the cyclic cutbacks that plague other sectors. But since ...
Report: Arm to build its own chips, and Meta is first in line to buy them
The U.K.-headquartered chip design company Arm Holdings Plc. is reportedly planning to launch its first-ever complete ...
Hosted on MSN16d
Microsoft and Meta AI Splurge Still Not Enough for Nvidia
Money doesn’t solve all problems, but $37.4 billion should solve a few. That was what Microsoft and Meta Platforms have in combined capital spending in the December-ended quarter, according to the ...
A software engineer shares the résumé that got him on-site interviews at Meta, Amazon, and Dropbox — and hired at Microsoft
After receiving countless job rejections, Akshay Phadké, a software engineer, used four résumé strategies to help him land a ...
Can This Unstoppable Stock Join Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta Platforms, and Tesla in the $1 Trillion Club by 2035?
Can This Unstoppable Stock Join Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta Platforms, and Tesla in the $1 Trillion Club ...
AOL6d
The list of major companies laying off staff this year, including Chevron, Meta, Microsoft, and BP
Companies such as Meta, Microsoft, BlackRock, and Chevron are conducting layoffs. Artificial intelligence is reshaping some workforces. See the list of companies letting workers go in 2025.