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Friday, January 16, 2026

Tag: Mark Zuckerberg

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.

Meta Wins FTC Antitrust Case, Keeps Instagram and WhatsApp

Judge rules Meta doesn't hold social media monopoly, rejecting FTC's breakup demand in landmark antitrust case that protects company's core assets.

Meta Uses AI for Performance Reviews After Laying Off 600 Employees

Meta encourages staff to use its Metamate AI chatbot for performance reviews shortly after major job cuts in its AI division, sparking internal debate.

Mark Zuckerberg Hires 28-Year-Old Alexandr Wang in $14B AI Deal

Scale AI founder Alexandr Wang appointed to lead Meta's Superintelligence Labs in one of the biggest AI hiring moves of 2025.