Meta is planning on cutting ... resulting in around 11,000 job cuts, before eliminating roughly 10,000 roles in 2023, Reuters reported. The layoffs come after the company scrapped its U.S. ...

Meta is aiming to cut about 5% of what it calls its “lowest performers” with plans to backfill those roles later this year, ...

Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, ...

Meta’s plan to achieve 10% “non-regrettable" attrition by the end of the current performance cycle led to the 5% jobs cut ...

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

META spent three months trading in a range around $575 in late-2024, which is where investors should expect the stock to find ...

Meta will lay off around 3,600 of its lowest-performing workers, the latest in a series of dramatic changes as CEO Mark ...

Mark Zuckerberg is taking aim at Meta's low performers. The CEO told employees to prepare for an "intense year" in an ...

Meta has had several rounds of layoffs to adjust its staffing after ... it cut several jobs in Reality Labs after letting go of 11,000 employees in 2022. Last year, another 10,000 jobs were ...

Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company ...

A Meta spokesperson confirmed Bloomberg’s report, while emphasizing Zuckerberg told employees ... numerous layoffs, starting with its first round in November 2022, when more than 11,000 ...

Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.