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 an “intense” year ahead. Meta had roughly 72,000 people, so a 5% reduction ...
Shacknews14d
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 layoffs: Facebook parent company cutting 5% of workforce, focusing on 'low performers'
Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.
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Meta's 5 Percent Layoffs Loom—What Is Mark Zuckerberg's Salary, Net Worth?
Meta, formerly known as Facebook, will reduce its workforce by approximately 5 percent by letting go of its "lowest ...
Meta to lay off 5% of workforce, about 3,600 employees, in performance-based cuts
According to Bloomberg, Zuckerberg made the announcement via a company memo posted on the company's internal Workplace forum ...
Dallas Morning News15d
Facebook-parent Meta to lay off 5% of 'lowest performers'
FILE - An iPhone displays the Facebook app, Aug. 11, 2019, in New Orleans. (AP Photo/Jenny Kane, File)(Jenny Kane / AP) Meta ...
The Associated Press - Business News on MSN14d
Bloomberg reports that Meta will lay off 5% of staff
Meta employs about 72,000 people, according to recent filings, so cutting 5% of staff would amount to 3,600 people, Bloomberg ...
Tech.co on MSN14d
Meta Layoffs Incoming As Zuckerberg Predicts “Intense Year”
Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.
Oneindia14d
Facebook Parent Meta Layoffs: 3,600 Employees Axed As Mark Zuckerberg Pushes For Efficiency
Layoffs: Meta Platforms plans to cut about 3,600 jobs, part of CEO Mark Zuckerberg's initiative to enhance operational ...
Milwaukee Journal Sentinel14d
Meta layoffs: Facebook parent company cutting 5% of workforce, focusing on 'low performers'
Meta is planning on cutting about 5% of its ... Reuters reported. The layoffs come after the company scrapped its U.S. fact-checking program last week and reduced curbs on discussions around ...
Barron's15d
Meta To Lay Off 3,600 Employees In Performance-based Cuts
The company, which owns Facebook, Instagram and WhatsApp ... Business Insider reported. The layoffs come amid broader changes at Meta, in advance of Donald Trump returning to the White House on ...