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Monday, March 2, 2026

Tag: Mark Zuckerberg

Zuckerberg: AI Lets One Person Do Work of a Full Team, Sparks Layoff Fears

Meta CEO's internal comments reveal AI's role in workforce efficiency, raising concerns about future job cuts at the tech giant amidst global AI disruption.

Trump Says ‘I Can’t Stand’ Tim Cook, Boasts of Making Him Rich

Donald Trump shares blunt views on tech CEOs Tim Cook, Elon Musk, and Mark Zuckerberg in a revealing interview, mixing praise with personal criticism.

Meta Lays Off 15,000 Employees; Oculus Founder Backs Move

Meta announces massive 15,000 job cuts. Palmer Luckey, Oculus founder fired by Zuckerberg, calls it a 'good decision' for the company's future.

Meta Plans 300% Bonuses After Cutting 1,000 Jobs: New Reward System

Meta introduces a new performance system with bonuses up to 300% for top employees, even as it lays off over 1,000 staff in its Reality Labs division.

Meta Cuts 1,000+ Jobs in Reality Labs as Focus Shifts to AI

Meta is laying off over 1,000 employees from its metaverse division to redirect resources toward artificial intelligence and AI-powered wearables.

Meta, Citigroup, BlackRock Announce Layoffs in Early 2026

Major companies Meta, Citigroup, and BlackRock have started 2026 with job cuts, signaling continued corporate restructuring and a shift towards AI and cost efficiency.

Meta Plans 1,500 Job Cuts in Reality Labs as Focus Shifts to AI

Meta is cutting 10% of its metaverse division staff while launching a massive AI compute initiative, signalling a major strategic pivot.

Elon Musk Calls Meta Child Safety Allegations ‘Concerning’

Court filings reveal Meta knew millions of adults contacted minors on its platforms while safety measures were rejected to maintain growth.

Meta Directors Settle Cambridge Analytica Lawsuit for $190 Million

Mark Zuckerberg and Meta directors agree to $190M settlement over privacy failures in landmark shareholder lawsuit with governance reforms.

Meta’s PyTorch Creator Joins Murati’s Startup After $1B Rejection

Soumith Chintala leaves Meta for Thinking Machines Lab as Murati's startup seeks $50B valuation in latest AI talent war development.

Meta Wins FTC Antitrust Case Over Instagram and WhatsApp Acquisitions

US judge dismisses FTC lawsuit against Meta, ruling the agency failed to prove monopoly power in social media market. Major legal victory for tech giant.

US Court Rules Meta Won’t Have to Divest Instagram, WhatsApp

Federal judge dismisses FTC antitrust case, finding insufficient evidence that Meta holds monopoly power in social media market.