Meta, Zuckerberg

Meta is cutting 5% of its workforce as Zuckerberg looks to "raise the bar"
Meta is planning to cut 5% of its workforce, according to an internal memo shared by CEO Mark Zuckerberg to employees and acquired by Bloomberg. Figures put Meta’s current workforce at around 72,500, meaning the layoffs would affect at least 3,600 of the company's “low-performers.”
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 what CEO Mark Zuckerberg said will be an “intense
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."
Meta to lay off 3600 employees in performance-based cuts
Meta plans to dismiss approximately 3600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on Tuesday. The company, which owns Facebook, Instagram and WhatsApp, confirmed to AFP that CEO Mark Zuckerberg’s decision will affect 5% of its workforce.
Meta to cut roughly 5% of staff, targeting lowest performers
The move comes just after Mark Zuckerberg announced Meta would eliminate fact-checking.
Meta To Cut 5% Of Workforce: Reports
Meta Platforms (META) is reportedly planning to reduce its workforce by approximately 5%. According to CNBC, the company is
Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports
Meta will cut thousands of employees in the latest move for the controversial company that owns platforms like Facebook and Instagram, according to reports. An internal memo sent to Meta workers said five percent of low-performing employees will be terminated,
Mark Zuckerberg plans to lay off an additional five percent of Meta's workforce
Meta is preparing for even more layoffs, according to reporting by Bloomberg. CEO Mark Zuckerberg said in a company memo that he plans on cutting about five percent of its "low-performers." “I’ve decided to raise the bar on performance management and move out low-performers faster,
Meta Plans to Cut 5% of Its Worst-Performing Employees This Year
Meta Platforms plans to cut roughly 5% of its worst-performing employees this year with the intent of hiring new people to fill their roles, a company spokesperson told Barron’s. Bloomberg reported the news earlier,
Trump inauguration: Meta CEO to co-host meeting with Republican billionaires
Mark Zuckerberg will co-host a meeting of Republican billionaires for the Trump inauguration next week, sources told The ...
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 ...
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 ...
Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles
Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company ...
Nvidia's Jensen Huang and Meta's Mark Zuckerberg Pour Cold Water on Quantum Computing Hype. Here's 1 Stock to Buy Anyway.
Quantum computing holds the potential to radically transform the world. Nvidia CEO Jensen Huang and Meta Platforms CEO Mark ...
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 ...
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 ...
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 ...