Meta Unleashes Mass Layoffs - Newsweek
1 day ago · Meta began mass layoffs on employees across the world Monday. The company, which owns Facebook , is letting go of thousands of workers as it prepares to hire a round of machine learning engineers ...
Meta plans to cut 5% of workforce, shifts focus to AI and free …
Jan 15, 2025 · In a bold move to streamline operations and embrace emerging technologies, Meta, the parent company of Facebook, Instagram, and Threads, announced plans to lay off thousands of employees—approximately 5% of its workforce—while simultaneously shifting some roles to artificial intelligence (AI).
What we know about the layoffs at Meta - TechCrunch
Oct 19, 2024 · This week, we’re diving into the recent layoffs at Meta; the fallout from the battle between WordPress and WP Engine; and whether Cybertrucks are simply too big to exist in Europe.
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 to cut roughly 5% of its workforce based on performance
Jan 14, 2025 · In 2022, Meta laid off 11,000 employees. Meta is reducing its workforce by about 5% through performance-based terminations, Bloomberg reported on Tuesday.
Meta Platforms Layoffs Start Today as It Shifts Focus to AI …
1 day ago · META investors don’t appear overly worried about the layoffs announced today. The company’s stock is up 0.1% as of this writing, continuing its 22.16% climb year-to-date and 53.12% rally over ...
Meta Laying Off Thousands to Prep for 'Intense' Year Ahead
Jan 15, 2025 · Meta CEO Mark Zuckerberg is laying off about 5% of the company, or roughly 3,600 people, according to an internal memo shared with multiple news outlets this week.
Meta Platforms (META) to Layoff 5% of its Global Workforce
3 days ago · In a memo to staff, Meta said it is targeting low performers in the latest workforce reduction. The planned cuts will affect 5% of Meta’s employees , or about 3,600 people.
Big Tech layoffs: what the job cuts at Google, Meta, Amazon and ... - NPR
Jan 26, 2023 · Some major tech companies, like Amazon and Facebook parent company Meta, doubled the number of people they employed to stay apace with new demand. But now, the exuberance is fading.
Silicon Valley Tech Workers Quietly Protest Their Bosses’ Embrace …
Jan 29, 2025 · Since 2022, Meta, which owns Facebook and Instagram, has cut nearly a third of its work force and continues to do layoffs. Amazon laid off 27,000 corporate workers in 2022 and 2023, and has had ...