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Meta to cut 5% of workforce
Meta's performance-based cuts could kick off a wider trend in tech
Firing low performers isn't standard in tech just yet — but that could change.
Meta to cut 5% of workforce based on performance
CEO Mark Zuckerberg has also warned employees about more such job cuts this year to 'raise the bar' on performance management.
Layoffs: Meta To Slash Workforce By Almost 5 Per Cent, Informs Job Cuts Via Internal Memo
Meta is planning to slash jobs based on performance. The company is all set to layoff nearly 5 per cent of the workforce, focusing on the lowest performing employees in the firm. A report by CNBC stated the CEO Mark Zuckerberg told the staff about the decision to ‘move out low performers faster’.
Meta could make performance-based job cuts an annual practice, leaked memo suggests
Meta's annual performance-based job cuts strategy aims to boost employee standards, increase non-regrettable attrition, and remove lowest performers.
Meta, Mark Zuckerberg
Meta to cut 5% of employees deemed unfit for Zuckerberg’s AI-fueled future
Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, Zuckerberg confirmed that Meta was shifting its strategy to "move out low performers faster" so that Meta can hire new talent to fill those vacancies this year.
Mark Zuckerberg warns Meta staff of ‘intense year’ ahead as he announces low performers will be cut
Zuckerberg said that the cuts were intended to make room to “bring new people in".
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.
10h
on MSN
Meta Layoffs: Are They Happening Because of AI?
CEO Mark Zuckerberg is putting an end to Meta’s “fact-checking” program in favor of “community notes.” Instead of ...
12h
on MSN
Zuckerberg Appeared to Know Meta Trained AI on Pirated Library
The AI rush has brought with it thorny questions of copyright and ownership of data as tech companies train bots like ChatGPT ...
1d
Forget your friends, Meta is bringing AI character creation to WhatsApp
WhatsApp plans to integrate Meta AI character creation into its Android app. Here’s what the upcoming feature could look like ...
17h
on MSN
Meta Platforms, Inc. (META)’s Bold Move: Will AI Replace Midlevel Engineers by 2025?
We recently published a list of 15 Important AI News and Ratings on Investors’ Radar. In this article, we are going to take a ...
5d
Meta Secretly Trained Its AI on a Notorious Piracy Database, Newly Unredacted Court Docs Reveal
Meta Platforms, was one of the earliest copyright lawsuits filed against a tech company over its AI training practices. Its ...
9d
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 ...
3h
Meta to lay off 5% of workforce amid AI investments
Meta's workforce stood at approximately 72,000 employees, meaning a 5% cut could impact around 3,600 positions.
11d
Meta’s AI-generated bot profiles are not being received well
Many of the AI bots haven’t shared new content on their grid since early 2024, and it’s unclear how (or if) users have been ...
1d
WhatsApp wants to make it easier to use Meta AI from your home screen
The new Meta AI widget will be completely optional and will sit alongside WhatsApp’s existing widgets. Designed for ...
Hosted on MSN
2h
Zuckerberg Announces Layoffs After Saying Coding Jobs Will Be Replaced by AI
Meta CEO Mark Zuckerberg has announced sweeping layoffs of what he refers to as "low-performers." According to an internal ...
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