Meta Q1 Revenue Soars 33% in Q1, Net Profit Hits $26.8 Billion Ahead of Mass Layoffs

Even as Meta continues make money hand over fist, the tech giant is set to make a large round of layoffs to optimize operations — and as it continues to plow billions into AI projects. Meta, the parent of Facebook, Instagram and WhatsApp, reported revenue of $56.3 billion for the first quarter of 2026 as […]