The layoffs come as Mark Zuckerberg pushes to remake his company for the Trump era and prepares to co-host a gala for the ...
Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff ...
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Meta to lay off 5% of workforce amid AI investmentsMeta's workforce stood at approximately 72,000 employees, meaning a 5% cut could impact around 3,600 positions.
When companies cut jobs, many resort to language like "rightsizing" to try to soften the blow. It doesn't work.
Meta is preparing to cut jobs in the coming weeks, focusing on employees with lower performance ratings. An internal memo has ...
Meta plans to lay off 5% of its workforce in 2025 for underperformance, aiming to be more agile. Over 3,600 employees are ...
The company specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a ...
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