Tag: Cuts

Atlassian has announced plans to cut approximately 10 percent of its global workforce – around 1,600 employees – as part ...

Meta’s Chief Technology Officer, Andrew Bosworth has addressed speculation around the company’s recent layoffs and strategic changes in its Reality ...

Meta poured billions into its VR and metaverse efforts. It even renamed the company after it. But after the recent ...

Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company's headquarters in ...

Meta’s Dexter Station office in Seattle. (Meta Photo) New layoffs at Meta will impact 331 workers in the Seattle area ...

24/7 Wall St Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources toward AI initiatives. ...

Social media giant Meta is reportedly planning to scale back its metaverse spending by up to 30% and redirect the ...

Meta is planning budget cuts and considering job cuts as part of that across its metaverse unit, according to a ...

Meta CEO Mark Zuckerberg has repositioned the social media giant as an AI company. Vincent Feuray | AFP | Getty ...

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on ...

Cutbacks at Yuga LabsBored Ape Yacht Club creator Yuga Labs has announced a restructuring that has seen several roles “eliminated ...

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on ...

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on ...

Bob Iger, CEO, Disney, during CNBC interview, Feb. 9, 2023.Randy Shropshire | CNBCDisney is cutting its metaverse division as part ...

Hong Kong-based Animoca Brands, a developer of blockchain gaming technology, has reportedly cut its target for its metaverse fund by ...