News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff ...
Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a ...
Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...
Meta's recently announced cuts come after several restructuring efforts by the social media giant in recent years.
Meta is preparing to cut jobs in the coming weeks, focusing on employees with lower performance ratings. An internal memo has ...
Meta specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a company ...
Meta plans to lay off 5% of its workforce in 2025 for underperformance, aiming to be more agile. Over 3,600 employees are ...
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