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Facebook Parent Meta Platforms To Lay Off 5% Of Staff

Hosted on MSN · 1d

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. Meta had roughly 72,000 people, so a 5% reduction would mean a loss of 3,

USA Today · 1d

Meta layoffs: Facebook parent company cutting 5% of workforce, focusing on 'low performers'

Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.

Shacknews · 1d

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.

1d

Meta to Cut 5% of Its Workers in New Round of Layoffs

The layoffs come as Mark Zuckerberg pushes to remake his company for the Trump era and prepares to co-host a gala for the ...

1d

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 ...

1don 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 ...

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