Bloomberg reports that Meta will lay off 5% of staff
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff ...
Hosted on MSN25m
Meta to lay off 5% of workforce amid AI investments
Meta's workforce stood at approximately 72,000 employees, meaning a 5% cut could impact around 3,600 positions.
'Going to Be an Intense Year': Meta Is Laying Off More Than 3,000 as CEO Mark Zuckerberg Calls for 'Extensive Performance-Based Cuts' — Read the Memo
In an internal memo shared on Tuesday, Zuckerberg said he's raising the bar on performance management to "move out low ...
manilatimes54m
Meta to lay off 3,600 employees
Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according ...
Personnel Today55m
Meta to performance manage out 5% of workforce
Meta has told staff it will cut around 5% of its global workforce, and will use the company’s performance management system ...