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Meta to cut roughly 5% of its workforce
Meta is cutting 5% of its workforce as Zuckerberg looks to "raise the bar"
Meta wants to cut 5% of its headcount CEO Mark Zuckerberg wants low performers out, and new talent in The cuts, with general attrition, will cut headcount by around 10% this year Meta is planning to cut 5% of its workforce,
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 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.
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.
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 said Tuesday. The Menlo Park, California-based compan
Meta to cut roughly 5% of staff, targeting lowest performers
The move comes just after Mark Zuckerberg announced Meta would eliminate fact-checking.
Meta To Cut 5% Of Workforce: Reports
Meta Platforms (META) is reportedly planning to reduce its workforce by approximately 5%. According to CNBC, the company is
Meta to Cut 5% of Staff With Eye on Lowest Performers, Memo Says
Meta Platforms Inc. is planning to cut about 5% of its lowest performers with the intent of backfilling their roles this year, according to an internal memo sent to employees.
57m
on MSN
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.
16h
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 ...
16h
on MSN
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 ...
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 ...
ThePrint
19m
Inadvertent error: Meta India apologises for CEO Zuckerberg’s remarks on India elections
Meta India on Wednesday apologised for CEO Mark Zuckerberg’s remarks that the incumbent government in India lost power in the 2024 elections due to its handling of the Covid-19 pandemic and termed it ...
1d
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 ...
2h
on MSN
Trump inauguration: Meta CEO to co-host meeting with Republican billionaires
Mark Zuckerberg will co-host a meeting of Republican billionaires for the Trump inauguration next week, sources told The ...
4h
on MSN
Babylon Bee CEO hopeful free speech will flourish after Meta announcement: 'Better late than never'
Babylon Bee CEO Seth Dillon reacted to Meta ending its fact-checking program and how free speech and humor has been throttled ...
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