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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.

Shacknews · 15h

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.

TechSpot · 46m

Meta to lay off 5% of workforce, about 3,600 employees, in performance-based cuts

According to Bloomberg, Zuckerberg made the announcement via a company memo posted on the company's internal Workplace forum this week.

Facebook, Mark Zuckerberg

The Verge · 6d

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.

Forbes · 2d

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,

The Spun on MSN · 21h

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.

2hon 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 ...

17hon 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 ...

4don 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 ...

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, ...

Hosted on MSN32m

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.

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 ...

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 ...

manilatimes11m

Meta to lay off 3,600 employees

Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according ...

3hon MSN

Facebook parent Meta warns: CCI's ruling impacts 'WhatsApp’s ability to remain commercially viable in India'

Meta has raised concerns that a recent antitrust ruling by the Competition Commission of India, which bans WhatsApp from ...

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Meta to lay off 5% of 'lowest performers'

Facebook, Mark Zuckerberg

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