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Meta to lay off 5% of 'lowest performers'

cnbctv18 · 23h

Meta to cut 5% of lowest performers, plans to backfill roles in 2024

Meta Platforms, the parent company of Facebook, is set to remove approximately 5% of its lowest-performing employees as part of a broader restructuring effort, according to an internal memo circulated to employees.

Fast Company · 20h

Meta to cut 5% of workforce based on performance

CEO Mark Zuckerberg has also warned employees about more such job cuts this year to 'raise the bar' on performance management.

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 spokesperson said on Tuesday.

Meta Laying Off Thousands to Prep for 'Intense' Year Ahead

Meta has laid off staff every year since at least 2022, with 11,000 laid off that year and another 10,000 in 2023. Last year, ...

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Meta Quest 3 Will Be Able To Play AAA Console And PC Games

Virtual reality headsets including the Meta Quest 3 will soon be able to play high-end games with ray tracing graphical ...

14hon MSN

Meta to trim 5% of its workforce, focusing on underperformers — Mark Zuckerberg says the move will "raise the bar" on performance management

And now, Meta is joining the fray with plans to make performance-based cuts, slated to impact approximately 5% of its ...

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