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Meta is laying off hundreds of employees as it pours money into AI

Meta is laying off hundreds of employees across its company, according to reports from The New York Times, NBC News, and The Information. The job cuts impact workers on Meta’s recruiting, social media, and sales teams, along with Reality Labs, the division that develops the company’s smart glasses and virtual reality headsets. “Teams across Meta […]

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Vimeo lays off ‘large portion’ of staff after Bending Spoons buyout

Vimeo is laying off employees around the globe just months after the Italian software company Bending Spoons acquired the platform for $1.38 billion, as reported earlier by Business Insider. Even though it’s not clear how many people were laid off, Dave Brown, Vimeo’s former brand VP, says in a post on LinkedIn that “a large […]

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