Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
© 2026 Index.vn
Top stocks to watch at the opening on 03/04. The list of stocks that have shown the largest increases and decreases in recent sessions, according to Vietstock statistics.
Tech giant Meta is planning to lay off about 200 employees in the San Francisco Bay Area, according to regulatory filings with the state of California.
The company’s layoffs will affect 124 employees at its site in Burlingame, California, and 74 employees in Sunnyvale. Meta said the cuts are expected to take effect in late May, with the Burlingame layoffs scheduled for May 22 and the Sunnyvale reductions set for May 29.
Meta also stated that all positions involved will be eliminated permanently. Some affected employees may be offered other roles within the company, where possible.
A Meta spokesperson told FOX Business: “Teams across Meta regularly restructure or implement changes to ensure they’re in the best position to achieve their goals. Where possible, we are finding other opportunities for employees whose positions may be impacted.”
The Bay Area job cuts follow an announcement from last month in which Meta said it would lay off about 700 employees. Those earlier layoffs affected the company’s recruiting operations and sales teams, as well as its Reality Labs hardware division.
Meta’s workforce restructuring comes as the company continues to invest heavily in artificial intelligence (AI) infrastructure. The company projected it will spend up to $135 billion on capital expenditures this year, including costs related to AI.
Meta CEO Mark Zuckerberg has also said the company will spend an estimated $600 billion building out its U.S. infrastructure by 2028.
Meta employed nearly 79,000 people at the start of the year.
In brief\n\nBitcoin dropped to about $93,000, falling back below the EMA50 and putting its recent golden cross at risk of invalidation. The global crypto market cap stands at $3.15 trillion, down 2.38% in 24 hours. On Myriad Markets, 82% of the money is betting on Bitcoin pumping to $100K before…
