Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.
Meta is set to have layoffs starting off the year, and this is to expand more of their AI development as per its CEO.
Meta has undergone significant restructuring since 2022, beginning with the layoffs of approximately 11,000 jobs. In 2023, ...
Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.
Google workers are signing a petition by the Alphabet Workers Union pushing for job security against layoffs, as the specter ...
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The New York Times reports that the Meta CEO signaled to Stephen Miller that he wouldn't obstruct Trump’s agenda during a ...
Tech mogul Mark Zuckerberg ... days for announcing that Meta would be cutting 5% of its total workforce, focusing on the company’s lowest-performing employees. The layoffs come after the company ...
CEO Mark Zuckerberg confirmed the move ... management and move out low-performers faster.” The layoffs, affecting about 5% of Meta’s 72,400-strong workforce as of September, are part of ...
A Meta spokesperson confirmed the news in an emailed statement to USA TODAY Wednesday after first being reported by Bloomberg, citing an internal memo. CEO Mark Zuckerberg said in the memo ...