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Meta to lay off 5% of 'lowest performers'
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.
Meta to lay off 5% of workforce, about 3,600 employees, in performance-based cuts
According to Bloomberg, Zuckerberg made the announcement via a company memo posted on the company's internal Workplace forum this week.
Meta to cut roughly 5% of staff, targeting lowest performers
The move comes just after Mark Zuckerberg announced Meta would eliminate fact-checking.
Meta, Facebook and Zuckerberg
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.
Mark Zuckerberg says he wants more 'masculine energy' at Meta. So why don't more men use Facebook?
Mark Zuckerberg wants more masculine energy at the social companies run by Meta. But his products are used by more women than men. Why is that?
Meta tests eBay listings in Facebook Marketplace
Meta is testing eBay listings on Facebook Marketplace in the US, Germany, and France. The company said in a post on Wednesday that it’s making the change to comply with last year’s antitrust order by the European Union, though it continues to appeal the decision.
39m
on MSN
Trump inauguration: Meta's Mark Zuckerberg 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 ...
4d
on MSN
Facebook owner Meta kills DEI in latest nod to Trump and MAGA movement
Meta is canceling its diversity programs and its civil rights VP has resigned. Amazon.com also said it would roll back some ...
5d
Meta Decision Sends Searches To Delete Facebook Soaring
Commenting on the surge, Gizmodo suggested that “apparently not everyone is ready to live in a post-truth world... Fittingly, ...
1h
on MSN
Bloomberg reports that Meta will lay off 5% of staff
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff ...
8d
Meta ends fact-checking program as Zuckerberg vows to restore free expression on Facebook, Instagram
Meta is ending its fact-checking program and lifting restrictions on speech to “restore free expression" across Facebook, ...
7d
No more 'Facebook jail': What will take the place of Meta's fact-checking system
Meta's announcement that it would scrap its fact-checking system was hailed by some, but it also prompted fears that it will ...
6d
on MSN
Meta tries letting Facebook Marketplace users view eBay listings as way to resolve EU charges
Meta says it will allow some Facebook users to view eBay listings on its Marketplace service. It's trying out a possible way ...
4h
on MSN
Facebook parent Meta warns: CCI's ruling impacts 'WhatsApp’s ability to remain commercially viable in India'
Meta has raised concerns that a recent antitrust ruling by the Competition Commission of India, which bans WhatsApp from ...
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