Meta layoffs: Performance-based cuts affect 5% of staff, starting …
1 day ago · “But now we’re going to do more extensive performance-based cuts during this cycle.” ... It is unclear how many people will be affected by the layoffs, but in September 2024, Meta employed ...
Bloomberg reports that Meta will lay off 5% of staff | AP News
Jan 15, 2025 · News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them.
Meta announces 5% cuts targeting low performers. Read the memo
Jan 14, 2025 · Meta is set to cut about 5% of its workforce, focusing on the company's lowest-performing workers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees …
Meta Job Cuts Begin Today As Tech Giant Increases Focus On AI
1 day ago · According to internal memos obtained by Reuters, Meta will have notified affected employees in most countries from 5 a.m. local time today, implementing its previously announced plan to reduce ...
Meta plans to cut 5% of workforce, shifts focus to AI and free …
Jan 15, 2025 · Meta announces layoffs of 5% of its workforce (3,600 employees) to streamline operations and shift focus toward AI-driven innovation. The company is scrapping its third-party fact-checking program, replacing it with a user-driven “Community Notes” system.
Meta is cutting 5% of its workforce, or more than 3,600 employees
Jan 14, 2025 · Meta plans to cut 5% of its workforce, or about 3,600 workers, with the social media giant focusing on eliminating low-performing employees. The layoffs, earlier reported by Bloomberg News, were...
Meta to cut 5% of staff based on performance - Axios
Jan 14, 2025 · Meta notified employees Tuesday that it plans to lay off the lowest-performing 5% of its staff, or roughly 3,600 people. Why it matters: It's the third round of major layoffs at Meta in the past three years. Meta announced 10,000 layoffs in 2023 and 11,000 in 2022.
Meta to Cut 5% of Its Workers in New Round of Layoffs
Jan 14, 2025 · Meta plans to lay off up to 5 percent of its employees based on performance ratings, according to an internal memo to workers on Tuesday viewed by The New York Times.
Meta is cutting 5% of its ‘lowest performers’ | CNN Business
Jan 14, 2025 · Meta has gone through major layoffs since the Covid-19 pandemic. It laid off 11,000 employees in November 2022 and thousands more the following year. Meta is aiming to cut about 5% of what...
Meta Starts Job Cuts as It Hunts for New AI Talent - Bloomberg
1 day ago · Meta Platforms Inc. began notifying staff of job cuts on Monday, kick-starting a process that will terminate thousands of people as the company cracks down on “low-performers” and scours for ...
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