Meta has begun notifying thousands of employees of layoffs. According to Bloomberg, citing an internal memo, the company started informing workers globally on Wednesday morning, beginning with employees in its Asian hub of Singapore. Staff in Europe and the U.S. are expected to receive notifications...

Ahead of its earnings call later today, TSMC is poised to capture incremental orders from the newly announced Meta Platforms–Broadcom AI chip alliance. According to Commercial Times, the partners are targeting the launch of a self-developed chip based on TSMC’s 2nm process as early as 1H27, pair...

Please note that this article cites information from CNBC, Business Insider, Reuters, and Layoffs.fyi. Oracle is reportedly undertaking job cuts. According to CNBC, sources say the company has begun informing employees that it plans to reduce its workforce by thousands. Business Insider adds tha...

Major tech companies are once again preparing for layoffs. According to Reuters, sources say Meta is considering broad job cuts that could affect 20% or more of its workforce as the company seeks to offset the heavy costs of AI infrastructure investments. The report adds that no timeline has been se...

Shortly after securing major chip supply deals with NVIDIA and AMD in February, Meta Platforms unveiled a roadmap for four internally developed chips through 2027. The company plans to introduce them at roughly six-month intervals, with each designed for an expected lifespan of more than five years,...