Facebook Inc – Page 37

Mass Layoffs and Absentee Bosses Create a Morale Crisis at Meta

Workers at Facebook’s parent have been increasingly alarmed by job cuts and the company’s direction.

By Sheera Frenkel and Mike Isaac

It would be the tech company’s second round of cuts since November. Mark Zuckerberg, its chief executive, has declared 2023 the “year of efficiency.”

By Mike Isaac

The new technology could upend many online businesses. But for companies that figure out how to work with it, A.I. could be a boon.

By Tripp Mickle Cade Metz and Nico Grant

Big tech companies have long been willing to fund efforts with no obvious payoff. But those groups have been hit hard in recent layoffs.

By Karen Weise Nico Grant and Mike Isaac