Dossier
Layoff
Coverage of Layoff in the Nexus archive.
- Meta to cut one in 10 jobs after spending billions on AI
Meta is cutting 10% of its workforce following significant AI investments, marking its largest layoff since 2023. Employees had anticipated the cuts for weeks.
- Disney is planning to lay off 1,000 workers
Disney has announced plans to lay off 1,000 workers. The decision comes amid ongoing challenges in the entertainment industry.