Tag: Facebook

Meta, the parent company of Facebook, Instagram, WhatsApp and Oculus, is planning layoffs with 4,000 employees already cut. CEO Mark Zuckerberg said that further cuts may be necessary due to the volatility of the global situation. Meta is also reducing its management levels and hiring staff at a slower rate to reduce costs and maximize efficiency of their shareholders. Mark Zuckerberg has experience in the tech industry to help Meta achieve stability and longevity.

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Meta, the tech giant behind the world's most popular social media & virtual reality services, is making some big changes. 10,000 employees are being laid off, with the impact being felt across Facebook, WhatsApp, Instagram and its VR division. Even gaming studios working on Meta's beloved VR titles weren't spared from Mark Zuckerberg's "Year of Efficiency" measures. Reassignment of those affected is a possibility, as Meta turns to focus on the commercialization of AI technology.

. From tech CEOs' ability to hire and fire, to the rise of chatbots and AI, explore how the business of tech continues to evolve with Facebook's parent company Meta announcing layoffs and Diamond Naga Siu's wish to rent a last movie before Netflix's closure. Plus, don't miss the Lyrid meteor shower and Disney's LGBTQ event for Pride Month.

. Discover the potential of AI with the latest news: Malicious software appearing in a seemingly harmless ChatGPT app, Google's emergency update, tech workers getting their jobs back at half pay and the introduction of an AI-powered device for dogs. Protect your data and challenge technology advancement for a secure future.