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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 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 3,600 Employees In Performance-based Cuts
Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on Tuesday.
Meta plans to make performance-based cuts — read Mark Zuckerberg's memo
The Meta chief wrote in a post on Workplace, the company's internal forum, that the company will be doing "more extensive performance-based cuts."
Meta announces 5% cuts in preparation for ‘intense year' — Read the internal memo
Meta is set to cut about 5% of its workforce, focusing on the company's lowest-performing workers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about the decision to "move out low performers faster" in a memo posted on the company's internal Workplace forum on Tuesday.
6h
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 ...
3h
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 ...
5d
Meta Decision Sends Searches To Delete Facebook Soaring
Commenting on the surge, Gizmodo suggested that “apparently not everyone is ready to live in a post-truth world... Fittingly, ...
19h
on MSN
Mark Zuckerberg says he wants more 'masculine energy' at Meta. So why don't more men use Facebook?
Mark Zuckerberg wants more masculine energy at the social companies run by Meta. But his products are used by more women than ...
7d
on MSN
Why Meta’s Fact-Checking Change Could Lead to More Misinformation on Facebook and Instagram
Mark Zuckerberg announced that Facebook will move to a Community Notes system as the company prepares for Donald Trump's ...
7d
No more 'Facebook jail': What will take the place of Meta's fact-checking system
Meta's announcement that it would scrap its fact-checking system was hailed by some, but it also prompted fears that it will ...
7d
Meta ends fact-checking program as Zuckerberg vows to restore free expression on Facebook, Instagram
Meta is ending its fact-checking program and lifting restrictions on speech to “restore free expression" across Facebook, ...
7d
on MSN
Meta to phase back in political content on Facebook, Instagram, and Threads
As part of a significant overhaul of its content moderation policies announced on Tuesday, Meta admitted that its approach to ...
9d
Where to find Meta AI in Facebook, WhatsApp, and Instagram—and what you can do with it
You’ll find Meta AI front and center in Meta’s apps: In the Facebook Messenger app, for example, tap Chats and you’ll see a ...
10h
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 ...
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