Meta is cutting 5% of its workforce, or more than 3,600 employees
Meta will cut about 5% of its workforce, focusing on getting rid of low-performing employees at the social media giant.
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.
'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 Is Planning to Cut 5% of Lowest Performers, Memo Shows
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.
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.
Meta cutting 5% of workforce based on performance
Meta, the parent company of Facebook and Instagram, is cutting the lowest-performing 5% of its workforce and plans to fill those roles later this year, the company said in a memo.
Meta is cutting 5% of its ‘lowest performers’
Meta is aiming to cut about 5% of what it calls its “lowest performers” with plans to backfill those roles later this year, the company confirmed on Tuesday.
Meta says new rules prioritize freedom of expression, but even civil liberty advocates have mixed feelings
Canadian groups who study and advocate for free expression have mixed feelings on Meta's changes to what is automatically ...
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 ...
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 ...
Meta to Cut 5% of Staff as Mark Zuckerberg Says He Will ‘Raise the Bar’
Chief Executive Mark Zuckerberg said the cuts are necessary as the company builds ‘the most important technologies in the ...
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 ...
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.
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 ...
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 ...