Meta Employees Are Scrambling to Use Up Benefits Ahead of Layoffs
… The company has undergone three previous large rounds of layoffs since 2022, including as part of Meta’s one-time “year of efficiency” drive in 2023. …
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Meta’s New Reality: Record High Profits. Record Low Morale
… But the company didn’t confirm the layoffs for weeks, several employees say. Zuckerberg finally addressed the layoffs in a companywide meeting last month. …
Tech CEOs Think AI Will Let Them Be Everywhere at Once
… Meanwhile, Jack Dorsey, CEO of Block formerly Square , has overseen rolling layoffs as the financial services company leans more heavily into AI. …