Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about the decision to “move out low performers faster” in a memo posted on the company’s internal Workplace forum on Tuesday. Zuckerberg told employees 2025 will “be an intense…
Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket…
Rashida Jones, the president of MSNBC, announced Tuesday that she is stepping down after four years of steering the…
Boeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace…
Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building…
WASHINGTON — The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9…
Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South…
Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers, the company announced…
Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017. IAC said…