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Meta to lay off 5% of 'lowest performers'
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
The company specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a company director.
Meta Is Planning to Cut 5% of Lowest Performers, Memo Shows
Meta Platforms Inc. is planning to cut about 5% of its lowest performers with the intent of backfilling their roles this year, according to an internal memo sent to employees.
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 spokesperson said on Tuesday. CEO Mark Zuckerberg has also warned employees about more such job cuts this year to "raise the bar" on performance management,
3h
on MSN
Inside Meta’s race to beat OpenAI: “We need to learn how to build frontier and win this race”
A trove of newly released documents reveals Meta’s plans to use book piracy site LibGen to train its AI models.
4h
Meta to Cut 5% of Its Workers in New Round of Layoffs
The company said in a memo sent to its employees on Tuesday that the layoffs would be based on performance ratings.
5h
Meta Stock Falls Amid Layoff News
Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...
10h
on MSN
Meta plans to cut 5% of its workforce, focusing on the lowest performers. Read the memo Mark Zuckerberg sent to staff.
The Meta chief wrote in a post on Workplace, the company's internal forum, that the company will be doing "more extensive ...
8h
on 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 ...
8h
on MSN
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 ...
7h
Meta Quest 3S review: probably the one we’ve been waiting for
Meta’s best decision with the Quest 3S? It comes with Batman: Arkham Shadow.
4h
on MSN
Bay Area tech giant Meta to dump thousands of workers, then hire replacements
Meta plans to push out thousands of “low-performers” next month, in Bay Area tech’s first massive job cut of 2025. CEO Mark ...
7h
You’ve Never Seen the Meta Quest 3S Bundle at a Lower Price Before, Cheaper Than During Last Year’s Holiday Season
In fact, Meta’s latest VR headset just got a nice price cut, making it a pretty tempting time to jump into mixed reality. The ...
3h
on MSN
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.
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