News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them.

is laying off around 200 employees as part of a broader effort to reduce expenses and align with its reduced operational capacity, CEO Ted Christie reportedly informed staff on Wednesday evening.

Huuuge Games is laying off nearly a third of its global workforce as it refocuses its portfolio on social casino titles. The publisher is making 122 staff redundant, which accounts for 29% of ...

Soul Assembly, the studio behind the Drop Dead VR shooter franchise, announced it’s laying off 15% of its team, maintaining the reduction is required for the success of upcoming projects.

Netflix expands toy business with ‘Stranger Things’ licensing deal 4:11 PM UTC · Updated ago Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news ...

An attempt at a good deed led to a bad decision by a driver in Northumberland County. A 21-year-old driver was rushing to help a friend when they were caught by police, leading to a stunt driving ...

Microsoft is laying off staff in multiple divisions, including security, devices, experiences, and gaming. Microsoft confirmed the layoffs to PCMag but didn't say exactly how many people are being ...

The parent company of Instagram, Facebook, and WhatsApp, Meta is set to cut about 5 percent of its workforce, targeting the company’s lowest-performing staffers. Meta’s Chief Executive Officer ...

Meta employs about 72,000 people, according to recent filings, so cutting 5% of staff would amount to 3,600 people, Bloomberg said Tuesday. The Menlo Park, California-based company owns Facebook ...