Category : Search result: Meta restructuring


Meta Buys Limitless, Maker of AI Recording Pendant

Meta acquires AI startup Limitless, maker of a $99 wearable pendant that records conversations and generates summaries. This signals Meta's push into AI hardware beyond Ray-Ban glasses. Read more.

Meta's Phoenix Glasses Delayed to 2027

Meta postpones its Phoenix mixed-reality glasses launch to 2027 for a polished device. The lightweight goggles face budget cuts in the metaverse division. Read the full report.

Meta Cuts 30% from Metaverse, Shifts Billions to AI

Mark Zuckerberg announces deep cuts to Reality Labs and January layoffs after $70B metaverse losses. Meta pivots billions to AI like Llama and smart glasses. Investors cheer as stock jumps 6%. Read the full story.

Meta to Slash Metaverse Budget by Up to 30%

Meta Platforms is planning deep cuts to its metaverse division, including Horizon Worlds, with potential layoffs. The shift comes as the company refocuses on AI. Read the full report.

HP Cuts 6,000 Jobs, Apple Reduces Sales Staff

HP announces up to 6,000 job cuts by 2028 in AI-driven restructuring while Apple quietly eliminates sales roles. Latest tech layoffs signal industry-wide cost-cutting trends.

HP to Cut 6,000 Jobs, Save $1B Annually with AI

HP Inc. announces major restructuring, cutting up to 6,000 jobs by 2028 to save $1 billion annually using AI tools. Profit outlook misses estimates amid rising memory chip costs.

CBS Cancels 'Saturday Morning' After 28 Years

CBS cancels its iconic 'Saturday Morning' show, firing hosts Michelle Miller & Dana Jacobson. The move is part of major layoffs causing employee anxiety. Details inside.

Amazon Layoffs Hit Engineers Hardest: 40% Impact

Amazon's massive layoffs of 14,000 employees disproportionately affected engineers, with mid-level roles seeing the highest impact. Get the full details on the tech giant's restructuring.

Private Credit Lenders Take Over 48Forty Solutions

Private credit lenders including Antares Capital, KKR, BlackRock and Carlyle are set to take control of 48Forty Solutions in a debt-for-equity swap that will remove $1 billion from the company's balance sheet. Learn how this restructuring will reshape the

US Education Dept Restructured: Key Programs Moved

Major US education programs are being shifted from the Department of Education to other federal agencies. This quiet restructuring could reshape support for millions of American students. Learn the impacts now.

Target cuts 2025 profit forecast, shares fall

Target Corporation reduces 2025 earnings forecast amid restructuring and soft demand. Retailer plans $5 billion capital spending boost while shares decline 2% in early trading.

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