Connect with us

Bloomberg Technology

Meta Could Cut 20% of Jobs, Reuters Says

Meta Platforms Inc. is planning layoffs that could affect 20% or more of the company according to Reuters. That would work out to about 15,000 jobs. Kurt Wagner reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:  …

Published

on

Meta Platforms Inc. is planning layoffs that could affect 20% or more of the company according to Reuters. That would work out to about 15,000 jobs. Kurt Wagner reports.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading
Advertisement
4 Comments

4 Comments

  1. @KevinMora-k8s

    March 16, 2026 at 1:24 pm

    LOL Meta is such a great place to work lol

  2. @khemirichiheb9729

    March 16, 2026 at 2:45 pm

    In 2 years mark Zuckerberg will operate meta alone in his parents basement like the Harvard old days

  3. @makedredd299

    March 16, 2026 at 3:47 pm

    You put lipstick on a Meta, it’s still a Facebook. 💋 🐷

  4. @Gamergirl56861

    March 16, 2026 at 9:20 pm

    Meta always lies. That means it’s gonna be about 25 to 30% cut and they always cut the wrong people every layoff. It’s the high performers in the nice people who were gone and they overpaid useless assholes keep their job.

Leave a Reply

Your email address will not be published. Required fields are marked *

Bloomberg Technology

Gopuff Chose xAI For Cost and Quality, Says Co-CEO

As SpaceXAI heads toward its IPO, investors are betting on more than rockets and chatbots: the company says enterprise AI represents a $26 trillion opportunity. But can Grok actually win corporate customers? One of the few companies putting it to work is Gopuff, which built its new AI shopping assistant on xAI’s models. Gopuff co-CEO…

Published

on

As SpaceXAI heads toward its IPO, investors are betting on more than rockets and chatbots: the company says enterprise AI represents a $26 trillion opportunity. But can Grok actually win corporate customers? One of the few companies putting it to work is Gopuff, which built its new AI shopping assistant on xAI’s models. Gopuff co-CEO Rafael Ilishayev joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Bloomberg Technology

SpaceX Investors Bet It Can Turn Sci-Fi Into Reality

Much of SpaceX’s growth forecast hinges on ideas that seem straight out of science fiction, but backers of Elon Musk say he’s pulled off the unbelievable before. Brett Winton, chief futurist at ARK Invest, one of the most prominent institutional supporters of Musk’s firms, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like…

Published

on

Much of SpaceX’s growth forecast hinges on ideas that seem straight out of science fiction, but backers of Elon Musk say he’s pulled off the unbelievable before. Brett Winton, chief futurist at ARK Invest, one of the most prominent institutional supporters of Musk’s firms, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Bloomberg Technology

SpaceX IPO Draws More Than $70B in Retail Orders | Bloomberg Tech 6/11/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss SpaceX gearing up to finalize its IPO pricing today. This as its offering attracts more than $70 billion in orders from retail investors. Plus, Oracle is under pressure after the company reported higher quarterly capital expenses than expected, raising investor concerns about the profitability of the AI infrastructure…

Published

on

Bloomberg’s Caroline Hyde and Ed Ludlow discuss SpaceX gearing up to finalize its IPO pricing today. This as its offering attracts more than $70 billion in orders from retail investors. Plus, Oracle is under pressure after the company reported higher quarterly capital expenses than expected, raising investor concerns about the profitability of the AI infrastructure business. And, a conversation with 776 Founder and Reddit co-founder Alexis Ohanian from SuperReturn in Berlin.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:51 – Loren Grush & Bailey Lipschultz, Bloomberg News
00:07:19 – Brett Winton, ARK Invest
00:15:54 – Brody Ford, Bloomberg News
00:17:39 – Alexis Ohanian, Reddit Co-Founder
00:28:29 – Enda Curran, Bloomberg News
00:31:30 – Kristina Hooper, Man Group
00:37:03 – Rafael Ilishayev, GoPuff Co-CEO
00:44:21 – Brian White, Piper Sandler
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

Get the latest in tech from Silicon Valley and around the world here:

Follow Ed Ludlow on Twitter here:
Follow Caroline Hyde on Twitter here:

Connect with us on…
Twitter:
Facebook:
Instagram:

Continue Reading

Trending