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Meta to lay off 5% of 'lowest performers'
Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles
Zuckerberg had also called 2023 the "Year of Efficiency" as Meta announced its decision to eliminate around 10,000 roles.
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 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 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 what CEO Mark Zuckerberg said will be an “intense year.” Zuckerberg, in an internal memo to employees Tuesday,
Meta to cut 5% of staff as Mark Zuckerberg targets ‘low performers’: memo
Meta is planning to slash roughly 5% of its staff this year in a move aimed at weeding out under-performers, CEO Mark Zuckerberg revealed on Tuesday. In a memo to employees on Meta’s internal message board,
Zuckerberg to lay off 5% of the lowest performers at Meta
Top boss Mark Zuckerberg is planning to let go about 5% of the lowest performers at Meta Platforms (NASDAQ:META), according to an internal memo sent by him to company employees, which was seen by Bloomberg.
Meta, Facebook and Zuckerberg
Mark Zuckerberg says he wants more 'masculine energy' at Meta. So why don't more men use Facebook?
Mark Zuckerberg wants more masculine energy at the social companies run by Meta. But his products are used by more women than men. Why is that?
Meta tests eBay listings in Facebook Marketplace
Meta is testing eBay listings on Facebook Marketplace in the US, Germany, and France. The company said in a post on Wednesday that it’s making the change to comply with last year’s antitrust order by the European Union, though it continues to appeal the decision.
Zuckerberg’s changes to Meta policy seen as politically motivated
Tech industry leaders Jeff Bezos, Bill Gates and Mark Zuckerberg have made trips to Florida to meet with President-elect Donald Trump, who says “I think they’ve gained a lot of respect.”
30m
on MSN
A lawyer says he dropped Meta as a client after what he called a 'descent into toxic masculinity' by Zuckerberg's company
Mark Lemley, who represented Meta in a copyright case, said he was no longer working for Mark Zuckerberg's company following ...
17h
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 ...
4d
on MSN
Facebook owner Meta kills DEI in latest nod to Trump and MAGA movement
Meta is canceling its diversity programs and its civil rights VP has resigned. Amazon.com also said it would roll back some ...
5d
Meta Decision Sends Searches To Delete Facebook Soaring
Commenting on the surge, Gizmodo suggested that “apparently not everyone is ready to live in a post-truth world... Fittingly, ...
1h
on MSN
Facebook parent Meta warns: CCI's ruling impacts 'WhatsApp’s ability to remain commercially viable in India'
Meta has raised concerns that a recent antitrust ruling by the Competition Commission of India, which bans WhatsApp from ...
6h
Exclusive: Meta warns India antitrust ruling could force roll back of features, hurt business
Meta may have to "roll back or pause" some features in India due to an antitrust directive which banned its WhatsApp ...
6d
on MSN
Meta tries letting Facebook Marketplace users view eBay listings as way to resolve EU charges
Meta says it will allow some Facebook users to view eBay listings on its Marketplace service. It's trying out a possible way ...
7d
No more 'Facebook jail': What will take the place of Meta's fact-checking system
Meta's announcement that it would scrap its fact-checking system was hailed by some, but it also prompted fears that it will ...
18h
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 ...
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