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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.
Meta, which had 70,799 full-time employees at the end of its most recently reported quarter, cut tens of thousands of employees over the course of 2022 and 2023 in the wake of the pandemic.
Meanwhile, Meta Platforms increased its capital expenditures by 37% to $37 billion in 2024, but its earnings per share grew an impressive 60% year over year. This stellar performance increased its ...
Meta unveiled its Orion AR glasses at the Meta Connect 2024 developer conference. The company has faced scrutiny for over $50 billion in losses from its metaverse efforts since 2019.
On April 23, 2024, Meta announced an update to Meta AI on the smart glasses to enable multimodal input via Computer vision. [34] On July 23, 2024, Meta announced that Meta AI with Vision would be incorporated into v68 of Horizon OS on the Meta Quest 3 and Quest Pro for detection of physical objects in passthrough mode, replacing the older voice ...
Meta Platforms/Facebook/Instagram – in March 2022, a Moscow court recognized Meta Platforms as an extremist organization. [3]"The international LGBT public movement" – On 30 November 2023, the Supreme Court of Russia, in a ruling prompted by a motion from the Ministry of Justice, declared what it calls "the international LGBT public movement" an extremist organization and banned its ...
Based on Meta's most-recent earnings report, that would amount to about 3,600 roles. In a memo to staff, Zuckerberg said the company is entering an "intense year" and the decision was made to ...
Pete Hoekstra, Chair of the Michigan Republican Party (2024–present) and U.S. Ambassador to the Netherlands (2018–2021) [23] Bob Hugin, Chair of the New Jersey Republican Party (2021–present) [24] D. Michael Hurst Jr., Chair of the Mississippi Republican Party (2024–present) and U.S. Attorney for the Southern District of Mississippi ...