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Meta to lay off 5% of 'lowest performers'
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 spokesperson said on Tuesday.
'Year of intensity': Meta employees react to plans to cut low performers
Mark Zuckerberg said Meta plans to make more extensive performance-based cuts." Staff have questioned how they will work in practice.
Meta cuts 5% of jobs to lose 'lowest performers'
Meta, the owner of Facebook, Instagram and WhatsApp, is preparing to cut about 5% of its global workforce, as the company looks to drop "low performers faster". In a memo to staff, boss Mark Zuckerberg said he had made the decision to speed up the firm's regular performance-based cuts in anticipation of an "intense year".
5h
on MSN
Inside Meta’s race to beat OpenAI: “We need to learn how to build frontier and win this race”
A trove of newly released documents reveals Meta’s plans to use book piracy site LibGen to train its AI models.
13h
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a company ...
16h
on MSN
Meta plans to cut 5% of its workforce, focusing on the lowest performers. Read the memo Mark Zuckerberg sent to staff.
The Meta chief wrote in a post on Workplace, the company's internal forum, that the company will be doing "more extensive ...
9h
Meta to Cut 5% of Its Workers in New Round of Layoffs
The company said in a memo sent to its employees on Tuesday that the layoffs would be based on performance ratings.
11h
Meta Is Ending Its DEI Programs, Replacing Them With… DEI Programs?
"What’s in a name?" was famously coined by Shakespeare. While Meta is 'ending' there DEI Programs, are they just being called ...
11h
Meta Stock Falls Amid Layoff News
Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...
14h
Meta Quest 3S review: probably the one we’ve been waiting for
Meta’s best decision with the Quest 3S? It comes with Batman: Arkham Shadow.
9h
on MSN
Meta's 5 Percent Layoffs Loom—What Is Mark Zuckerberg's Salary, Net Worth?
Meta's recently announced cuts come after several restructuring efforts by the social media giant in recent years.
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