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Meta to lay off 5% of 'lowest performers'
Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles
Zuckerberg had also called 2023 the "Year of Efficiency" as Meta announced its decision to eliminate around 10,000 roles.
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 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
Meta is cutting 5% of its ‘lowest performers’
Meta is aiming to cut about 5% of what it calls its “lowest performers” with plans to backfill those roles later this year, the company confirmed on Tuesday.
Meta to cut 5% of staff as Mark Zuckerberg targets ‘low performers’: memo
Meta is planning to slash roughly 5% of its staff this year in a move aimed at weeding out under-performers, CEO Mark Zuckerberg revealed on Tuesday. In a memo to employees on Meta’s internal message board,
Zuckerberg to lay off 5% of the lowest performers at Meta
Top boss Mark Zuckerberg is planning to let go about 5% of the lowest performers at Meta Platforms (NASDAQ:META), according to an internal memo sent by him to company employees, which was seen by Bloomberg.
Facebook, Mark Zuckerberg
Meta tests eBay listings in Facebook Marketplace
Meta is testing eBay listings on Facebook Marketplace in the US, Germany, and France. The company said in a post on Wednesday that it’s making the change to comply with last year’s antitrust order by the European Union, though it continues to appeal the decision.
Mark Zuckerberg Changes Direction On Facebook Monitoring
Mark Zuckerberg is on a journey of sorts, but where he will end up is not always clear. The co-founder of Facebook (now Meta) has become a social media icon. He doesn’t seem as reserved, measured, or rehearsed as he did in the past,
Mark Zuckerberg Sent Official Warning To Facebook Employees Tuesday
Mark Zuckerberg, the co-founder of Facebook, will implement a new strategy this year that could lead to thousands of people losing their jobs. The Meta CEO warned his employees that his company will push out "low performers" faster than usual.
1h
on MSN
A lawyer says he dropped Meta as a client after what he called a 'descent into toxic masculinity' by Zuckerberg's company
Mark Lemley, who represented Meta in a copyright case, said he was no longer working for Mark Zuckerberg's company following ...
Hosted on MSN
5m
Meta's Generative AI Push Could Bring Big 'Windfall' For WhatsApp, Analyst Says
A Meta stock analyst said the company's generative AI push could help drive new revenue from WhatsApp through chatbots.
4d
on MSN
Facebook owner Meta kills DEI in latest nod to Trump and MAGA movement
Meta is canceling its diversity programs and its civil rights VP has resigned. Amazon.com also said it would roll back some ...
5d
Meta Decision Sends Searches To Delete Facebook Soaring
Commenting on the surge, Gizmodo suggested that “apparently not everyone is ready to live in a post-truth world... Fittingly, ...
17h
on MSN
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 ...
10d
Where to find Meta AI in Facebook, WhatsApp, and Instagram—and what you can do with it
You’ll find Meta AI front and center in Meta’s apps: In the Facebook Messenger app, for example, tap Chats and you’ll see a ...
7h
Exclusive: Meta warns India antitrust ruling could force roll back of features, hurt business
Meta may have to "roll back or pause" some features in India due to an antitrust directive which banned its WhatsApp ...
23m
on MSN
Instagram, Facebook outage in US: Users report problems with app, sign-ins
Instagram, Facebook, and Threads are down for users in the US, with Instagram most affected. Downdetector shows over 10,000 ...
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