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. According to a Meta representative Tuesday morning, "these are performance ...
Facebook owner Meta confirms thousands of layoffs it previously revealed
Facebook app owner Meta Platforms said it has launched worldwide job cuts potentially affecting thousands of workers.
Reuters4d
Meta prepares for layoffs on Monday
Facebook owner Meta Platforms (META.O), opens new tab plans to carry out its expected company-wide layoffs next week while pushing ahead with the expedited hiring of machine learning engineers ...
Meta Job Cuts Begin Today As Tech Giant Increases Focus On AI
The social media giant's ambitious restructuring plan will affects 5% of Meta's global workforce amid industry-wide changes ...
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Meta Reportedly Begins 5% ‘Performance Terminations’ Beginning Monday: Retail Mood Depressed As Stock Trades In Record Territory
Meta Platforms, Inc. (META), which has been vouching for the “efficiency mantra” to counter the softness seen since the ...
Yahoo Finance4d
Meta's Bold Move: Major Layoffs Start February 10--What Investors Need to Know
Meta (NASDAQ:META) is about to shake things up with another round of performance-based layoffs, starting February 10, 2025. According to a leaked internal memo, employees across the globe will ...
Channel NewsAsia Singapore3d
Meta prepares for layoffs on Monday: Internal memo
NEW YORK: Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next week while pushing ahead with the expedited hiring of machine learning engineers, it told staffers ...