20,000 IRS employees interested in deferred resignation offer as tax deadline looms

20,000 IRS employees interested in deferred resignation offer as tax deadline looms

A traffic light is red outside the U.S. Internal Revenue Service (IRS) building after it was reported the IRS will lay off about 6,700 employees, a restructuring that could strain the tax-collecting agency’s resources during the critical tax-filing season, in Washington, D.C., Feb. 20, 2025.  Kent Nishimura | Reuters Around 20,000 Internal Revenue Service employees…

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Meta CEO Mark Zuckerberg considered spinning off Instagram from Facebook in 2018: FTC trial

Meta CEO Mark Zuckerberg considered spinning off Instagram from Facebook in 2018: FTC trial

Thilina Kaluthotage | Nurphoto | Getty Images Meta CEO Mark Zuckerberg considered spinning out Instagram in 2018 on concerns about the rising threat of antitrust litigation against Facebook, according to an email presented Tuesday in a Washington, D.C. courtroom. During Zuckerberg’s second day of testimony in Meta’s antitrust trial with the Federal Trade Commission, lawyers…

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