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Meta Must Face Lawsuit Alleging Preference for Cheaper Foreign Workers

Meta Must Face Lawsuit Alleging Preference for Cheaper Foreign Workers

The legal system has mandated that Meta Platforms face a class-action lawsuit showing how they use hiring practices that favor overseas workers instead of American citizens. US Magistrate Judge Laurel Beeler gave the green light

Tech Sector Hit by Nearly 30,000 Layoffs in Early 2025

Tech Sector Hit by Nearly 30,000 Layoffs in Early 2025

RationalFX data reveals 100 tech companies across the world terminated 29,537 jobs during the first three months of 2025. The technology sector of America cut its workforce by 20,000 personnel because Silicon Valley keeps streamlining

Meta Raises Executive Bonuses to 200% Over Layoffs and Cost-Cutting Measures

Meta Raises Executive Bonuses to 200% Over Layoffs and Cost-Cutting Measures

Meta's board authorizes a major executive bonus increase adding 200% on top of base salary which surpasses the previous 75% bonus level. According to official corporate documents from February 15 the company made this decision

Meta Announces 4,000 Layoffs as Part of AI-Driven Restructuring 

Meta Announces 4,000 Layoffs as Part of AI-Driven Restructuring 

Meta announced its layoff of 4,000 employees citing the need to align with its newly increased AI-driven goals. This is part of a larger restructuring program of the company during which it proceeds with reorganizing

Meta Initiates Performance-Based Layoffs, Targeting 5% of Global Workforce

Meta Initiates Performance-Based Layoffs, Targeting 5% of Global Workforce

Meta Platforms takes another staffing reduction today by axing 5% of employee positions worldwide through performance-based job cuts. The technology firm started contacting staff at 5 AM PST and planned to touch 4,000 employees worldwide

Meta layoffs: Tech giant layoffs off thousands on performance criterion

Meta layoffs: Tech giant layoffs off thousands on performance criterion

Meta, the parent company of Facebook and Instagram, is planning to lay off approximately 5% of its 72,400-strong staff, according to an internal memo first reported by Bloomberg. This decision is based on the performance