Meta plans to lay off about 200 employees in the San Francisco Bay Area by late May, following 700 layoffs last month affecting sales and recruiting teams. These cuts are part of a broader restructuring as Meta invests heavily in AI infrastructure, projecting $135 billion in capital expenditures this year. CEO Mark Zuckerberg has also announced plans to spend $600 billion on U.S. infrastructure by 2028. The layoffs aim to offset rising costs and improve efficiency through AI-driven tools.
Meta Platforms faces a lawsuit from 26 employees alleging the company used AI tools and automated metrics to select workers for layoffs, disproportionately affecting those on medical, parental, or family leave. The lawsuit claims Meta's AI-driven per...
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A group of current and former Meta employees filed a lawsuit claiming the company used artificial intelligence in its recent layoffs in a discriminatory way. The lawsuit alleges Meta's AI systems ignored approved absences like medical or family leave...
Meta faces a lawsuit from 26 employees accusing the company of using AI tools that unfairly targeted workers with disabilities and those on medical leave during recent layoffs. The suit claims Meta's AI system, including an internal bot and activity ...
Meta Platforms announced it will release its second quarter 2026 financial results after market close on July 29, 2026. The company will hold a conference call at 1:30 p.m. PT to discuss the results, which will be available live via webcast on its in...
