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Meta, 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. Meta had roughly 72,000 people, so a 5% reduction would mean a loss of 3,
Zuckerberg says Meta will lay off more ‘low-performers’
Meta will soon lay off more “low-performers” across the company, according to an internal memo from CEO Mark Zuckerberg that was shared by a source at the company. “I’ve decided to raise the bar on performance management and move out low-performers faster,
Meta cutting 'low performers' in latest round of layoffs
Meta has had several rounds of layoffs to adjust its staffing after it hired aggressively during the pandemic. Earlier this year, it cut several jobs in Reality Labs after letting go of 11,000 employees in 2022. Last year, another 10,000 jobs were cut as CEO Mark Zuckerberg deemed 2023 a "year of efficiency."
12h
on MSN
Meta expected to lay off 5 percent of workforce ahead of ‘intense year’
Meta is planning to lay off about 5 percent of its workforce by targeting the company’s lowest performers in preparation for ...
2d
CEO of left-leaning fact-checker says government at fault for censoring Hunter Biden laptop, not fact-checkers
Snopes CEO Chris Richmond said the government was at fault for the censoring of the Hunter Biden laptop story in 2020, and ...
33m
on MSN
‘Victory’: BJP after Meta apologises for Zuckerberg's remarks on polls in India
Meta India apologised for the "inadvertent error" saying that India remains an incredibly important country for the tech ...
1h
on MSN
Meta to lay off 5% of employees in efficiency drive
US media reports said tech giant Meta plans to lay off 3,500 employees. CEO Mark Zuckerberg said underperformers will be ...
23h
on MSN
Meta’s fact-checking changes stoke disinformation concerns
The end of fact-checking at Meta is raising fresh concerns its platforms will become a hotbed of disinformation as the ...
India West
1d
Meta Not Checking Facts Anymore: Zuckerberg Thinks Modi Lost Elections
The International Fact-Checking Network warned that countries vulnerable to misinformation could face political instability, ...
8h
on MSN
Meta to trim 5% of its workforce, focusing on underperformers — Mark Zuckerberg says the move will "raise the bar" on performance management
And now, Meta is joining the fray with plans to make performance-based cuts, slated to impact approximately 5% of its ...
15h
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
The company specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a ...
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