laying

Cloudflare is laying off more than 1,100 employees as the cybersecurity company says it is reorganizing for the “agentic AI era,” according to a memo sent to staff on Thursday. Loading audio narration… The cuts came hours after the company reported first-quarter earnings that beat Wall Street expectations, though shares…

Meta announced to employees that it is planning on laying off around 10% of the entire company on May 20, according to an email. Loading audio narration… Meta currently employs over 78,000 people worldwide, so the move will affect approximately 7,800 of the company’s staff. The company is also eliminating…

Meta began laying off hundreds of employees across the company on Wednesday, according to a person familiar with the matter and LinkedIn posts from affected staff.The global cuts affected employees in Reality Labs, Facebook, recruiting, sales, and global operations, the source familiar said.A handful of employees who worked in Reality…