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Meta to cut 5% of workforce

Business Insider on MSN · 3h

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.

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.

TechCrunch on MSN · 22h

Meta to cut roughly 5% of its workforce based on performance

Meta is reducing its workforce by about 5% through performance-based terminations, Bloomberg reported on Tuesday. The company plans to hire new people to fill the roles, CEO Mark Zuckerberg said in an internal memo to staff.

Business Insider · 19h

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.

ABP Live on MSN · 8h

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, Mark Zuckerberg

Deadline on MSN · 18h

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.

The Wall Street Journal on MSN · 22h

Meta to Cut 5% of Staff as Mark Zuckerberg Says He Will ‘Raise the Bar’

Chief Executive Mark Zuckerberg said the cuts are necessary as the company builds ‘the most important technologies in the world.’

Business Insider · 1d

Meta CEO Mark Zuckerberg pushes to woo Trump, WSJ reports

Meta CEO Mark Zuckerberg met with President-elect Donald Trump on Friday, in part to mediate a 2021 lawsuit Trump brought against Meta over his

Meta Laying Off Thousands

Tech.co on MSN · 3h

Meta Layoffs Incoming As Zuckerberg Predicts “Intense Year”

Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.

The Hill on MSN · 18h

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

PCMag on MSN · 2h

Meta Laying Off Thousands to Prep for 'Intense' Year Ahead

Meta CEO Mark Zuckerberg is laying off about 5% of the company, or roughly 3,600 people, according to an internal memo shared with multiple news outlets this week. "This is going to be an intense year,

22hon MSN

Zuckerberg plans Meta layoffs as company culls ‘low performers’ faster

Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a ...

17mon MSN

TikTok’s CEO used to be Mark Zuckerberg’s intern—now he’s his fiercest competitor

Shou Zi Chew was an intern at Facebook before he became Mark Zuckerberg’s biggest competitor as CEO of TikTok. Shou Zi Chew ...

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.

19h

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 ...

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 ...

1don 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 ...

1don MSN

Top Meta official blasts CEO Mark Zuckerberg for ‘buckling to political pressure’ by scrapping censorship as advertisers express concern

Decision to end the platform’s fact-checking program is raising questions about brand safety on the $1.5 trillion tech ...

4hon MSN

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 ...

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