Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.
Meta’s plan to achieve 10% “non-regrettable" attrition by the end of the current performance cycle led to the 5% jobs cut ...
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 has had several rounds of layoffs to adjust its staffing after it hired aggressively during the pandemic. Earlier this ...
Facebook parent company Meta has announced another round of layoffs. Mark Zuckerberg is planning to fire 3,600 employees.
Layoffs and other workforce reductions ... company's internal communications platform, he said Meta will make "more extensive ...
Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, ...
Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.
Meta is aiming to cut about 5% of what it calls its “lowest performers” with plans to backfill those roles later this year, ...
Meta’s large-scale cuts kicked off in November 2023 with the most dramatic lay-offs in the company’s history. Around 11,000 employees lost their jobs, which amounted to 13% of the workforce ...