Meta carrying out performance-based layoffs starting Monday, cutting 5% of staff
Meta, the parent company of Facebook, will conduct 'performance terminations' this week and cut roughly 5% of its staff.
Meta Begins Layoffs, Targets 5% of Workforce
Meta Platforms began a round of layoffs Monday that will see the company cut 5% of staff, or roughly 3,700 workers. Chief ...
Meta layoffs begin targeting low performers. Roughly 5% of workforce to be replaced with new hires.
Social media company Meta Platforms has begun efforts to reduce its current staff by 5% and start fresh with new workers.
Meta layoffs have begun. Here's everything we know so far.
The social media giant has said it's taking a tougher stance on underperforming employees.
Meta Platforms Layoffs Start Today as It Shifts Focus to AI Development
Meta Platforms (META) layoffs start today as the social media giant further shifts to an artificial intelligence (AI) company ...
Meta layoffs: workers challenge Zuckerberg’s ‘low performer’ justification
Some affected employees are challenging the company's assertion that the cuts solely targeted low performers, claiming they ...
Meta layoffs have begun: Facebook parent firm to start firing thousands of employees based on performance. Check details
Facebook parent firm Meta has announced layoffs based on performance of its employees. Mark Zuckerberg's company is starting ...
Layoffs start at Meta, what Facebook founder Mark Zuckerberg told employees about ‘4000 job cuts’
Meta is notifying employees of a 5% workforce reduction, affecting around 4,000 jobs worldwide. Meanwhile, the company plans ...
Meta’s recent layoffs take an unexpected turn
We typically manage out people who aren’t meeting expectations over the course of a year, but now we’re going to do more ...
Mark Zuckerberg's Meta To Begin Mass Layoffs Next Week, Speeds Up Hiring Of Machine Learning Engineers: Report
Meta to initiate layoffs and expedite hiring of machine learning engineers as company makes strategic moves. Stock performing ...
'I was blindsided': Former Meta employees respond to latest layoffs
"Meta’s recent layoffs have been framed as cutting the 'bottom 5%' of performers," Anu S., a former product lead at Meta India/U.K. posted to LinkedIn. "But let’s be real — this is a gross ...
Meta CEO Mark Zuckerberg sells $14.19 million in stock
Mark Zuckerberg, CEO and Chairman of Meta Platforms, Inc. (NASDAQ:META), recently executed significant stock transactions.