The tech giant is cutting thousands of employees in a round of performance-based layoffs. Here’s why that could cost Meta, ...

Layoffs and other workforce reductions ... and building in resilience as we lower our costs, drive performance improvement ...

Meta said employees affected by the layoffs will be notified by Feb. 10 and receive severance in line with what the company ...

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

Meta’s restructuring announcement is part of a larger restructuring effort at Meta, which began last year under what ...

The decision, shared in an internal memo by CEO Mark Zuckerberg, focusses on improving overall performance by moving out ...

In the volatile tech sector, major players like Meta and Microsoft are continuing their strategic workforce reductions, ...

Meta Platforms Inc. has announced a 5% workforce reduction, impacting around 3,600 employees, as part of a ...

The 5% decrease shall cut almost 3,600 positions, which comprises more than 72,000 employees, according to the latest ...

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