Meta is set to lay off over 3,600 employees, or roughly 5% of its “lowest performers.” In an internal memo posted on the ...
Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a ...
Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company ...
Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...
Meta's recently announced cuts come after several restructuring efforts by the social media giant in recent years.
When companies cut jobs, many resort to language like "rightsizing" to try to soften the blow. It doesn't work.
Meta is preparing to cut jobs in the coming weeks, focusing on employees with lower performance ratings. An internal memo has ...
Meta specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a company ...