Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.

Meta Platforms plans to lay off 5 per cent of its employees in an effort to attract the best talent, according to a memo ...

Meta Platforms is looking to cut its headcount by 5%, which shows the efficiency drive by the management. Read why META stock ...

Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...

Meta is the parent company of Facebook, Instagram, and WhatsApp. Meta has a large number of companies under it ... Zuckerberg calls it an "intense year" ahead.The layoffs are a part of his so-called ...

Meta plans to lay off approximately 3,600 employees identified as low performers to raise performance standards. CEO Mark ...

Meta, formerly known as Facebook, will reduce its workforce by approximately 5 percent by letting go of its "lowest performers" and plans to recruit for the affected roles later this year, the ...

Meta has recently reduced moderation and weakened fact-checking on Facebook ahead of the plans for upcoming layoffs of 3,600 employees. Source: Meta Among other things in the memo, Zuckerberg ...

Meta Platforms Inc. has announced a major restructuring effort that will involve laying off around 5% of its workforce.

New York State announced a significant step to address the potential workforce impacts of AI by requiring businesses to ...

New York will be the first U.S. state to require businesses to notify the state when layoffs are directly tied to AI adoption ...