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Meta expected to lay off 5 percent of workforce ahead of ‘intense year’
Meta is planning to lay off about 5 percent of its workforce by targeting the company’s lowest performers in preparation for what CEO Mark Zuckerberg said will be an “intense
Meta to lay off 5% of employees in efficiency drive
US media reports said tech giant Meta plans to lay off 3,500 employees. CEO Mark Zuckerberg said underperformers will be fired to make space for new hires.
Zuckerberg says Meta will lay off more ‘low-performers’
Meta will soon lay off more “low-performers” across the company, according to an internal memo from CEO Mark Zuckerberg that was shared by a source at the company. “I’ve decided to raise the bar on performance management and move out low-performers faster,
Meta to layoff around 3,600 in 'performance-based cuts'
The layoffs will remove 5 percent of Meta's workforce as an effort to 'move out low performers faster' in preparation for 'an intense year,' said CEO Mark Zuckerberg.
Meta cutting 'low performers' in latest round of layoffs
Meta has had several rounds of layoffs to adjust its staffing after it hired aggressively during the pandemic. Earlier this year, it cut several jobs in Reality Labs after letting go of 11,000 employees in 2022. Last year, another 10,000 jobs were cut as CEO Mark Zuckerberg deemed 2023 a "year of efficiency."
Meta is cutting 5% of its workforce, or more than 3,600 employees
Meta will cut about 5% of its workforce, focusing on getting rid of low-performing employees at the social media giant.
Meta to cut roughly 5% of its workforce based on performance
Meta is reducing its workforce by about 5% through performance-based terminations, Bloomberg reported on Tuesday.
15m
Meta says new rules prioritize freedom of expression, but even civil liberty advocates have mixed feelings
Canadian groups who study and advocate for free expression have mixed feelings on Meta's changes to what is automatically ...
10h
on MSN
Facebook Parent Meta Platforms To Lay Off 5% Of Staff; CEO Mark Zuckerberg Warns Of "Intense" Year Ahead
Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of ...
7h
on MSN
Meta to trim 5% of its workforce, focusing on underperformers — Mark Zuckerberg says the move will "raise the bar" on performance management
And now, Meta is joining the fray with plans to make performance-based cuts, slated to impact approximately 5% of its ...
2d
CEO of left-leaning fact-checker says government at fault for censoring Hunter Biden laptop, not fact-checkers
Snopes CEO Chris Richmond said the government was at fault for the censoring of the Hunter Biden laptop story in 2020, and ...
6m
on MSN
Meta India apologises for Mark Zuckerberg's remark on Lok Sabha polls: ‘India remains incredibly important’
In a podcast, Mark Zuckerberg said that the incumbent government in India lost the election in 2024 due to its handling of ...
15h
Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles
Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company ...
22h
on MSN
Meta’s fact-checking changes stoke disinformation concerns
The end of fact-checking at Meta is raising fresh concerns its platforms will become a hotbed of disinformation as the ...
14h
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
The company specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a ...
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