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Meta, Zuckerberg
Facebook Parent Meta Platforms To Lay Off 5% Of Staff; CEO Mark Zuckerberg Warns Of "Intense" Year Ahead
Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of an “intense” year ahead. Meta had roughly 72,000 people, so a 5% reduction would mean a loss of 3,
Meta's 5 Percent Layoffs Loom—What Is Mark Zuckerberg's Salary, Net Worth?
Meta's recently announced cuts come after several restructuring efforts by the social media giant in recent years.
Mark Zuckerberg announces plan to slash thousands of 'low-performers' from Meta
Meta plans to push out thousands of “low-performers” next month, in Bay Area tech’s first massive job cut of 2025. CEO Mark Zuckerberg intends to push out and replace roughly 5% of the employees who’ve been at the Menlo Park tech giant long enough to go through the company’s performance review process,
Meta to lay off 5% of 'lowest performers'
Zuckerberg says Meta will lay off more ‘low-performers’
Meta will soon lay off more “low-performers” across the company, according to an internal memo from CEO Mark Zuckerberg that was shared by a source at the company. “I’ve decided to raise the bar on performance management and move out low-performers faster,
Meta to layoff around 3,600 in 'performance-based cuts'
The layoffs will remove 5 percent of Meta's workforce as an effort to 'move out low performers faster' in preparation for 'an intense year,' said CEO Mark Zuckerberg.
Meta cutting 'low performers' in latest round of layoffs
Meta has had several rounds of layoffs to adjust its staffing after it hired aggressively during the pandemic. Earlier this year, it cut several jobs in Reality Labs after letting go of 11,000 employees in 2022. Last year, another 10,000 jobs were cut as CEO Mark Zuckerberg deemed 2023 a "year of efficiency."
13h
on MSN
Meta expected to lay off 5 percent of workforce ahead of ‘intense year’
Meta is planning to lay off about 5 percent of its workforce by targeting the company’s lowest performers in preparation for ...
2d
CEO of left-leaning fact-checker says government at fault for censoring Hunter Biden laptop, not fact-checkers
Snopes CEO Chris Richmond said the government was at fault for the censoring of the Hunter Biden laptop story in 2020, and ...
9h
Donald Trump inauguration: Meta CEO Mark Zuckerberg set to cohost reception with billionaire Republican donors
Meta CEO Mark Zuckerberg is cohosting a reception with billionaire Republican donors next week for Donald Trump's ...
1d
on MSN
Meta’s fact-checking changes stoke disinformation concerns
The end of fact-checking at Meta is raising fresh concerns its platforms will become a hotbed of disinformation as the ...
India West
1d
Meta Not Checking Facts Anymore: Zuckerberg Thinks Modi Lost Elections
The International Fact-Checking Network warned that countries vulnerable to misinformation could face political instability, ...
1h
on MSN
Babylon Bee CEO hopeful free speech will flourish after Meta announcement: 'Better late than never'
Babylon Bee CEO Seth Dillon reacted to Meta ending its fact-checking program and how free speech and humor has been throttled ...
50m
on MSN
Meta India apologises for Mark Zuckerberg's remark on 2024 elections: ‘Inadvertent error'
Meta India’s vice president Shivnath Thukral said that the technology conglomerate would like to apologise for the ...
9h
on MSN
Meta to trim 5% of its workforce, focusing on underperformers — Mark Zuckerberg says the move will "raise the bar" on performance management
And now, Meta is joining the fray with plans to make performance-based cuts, slated to impact approximately 5% of its ...
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