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Meta to lay off 5% of 'lowest performers'
Meta plans to cut 5% of its workforce, focusing on the lowest performers. Read the memo Mark Zuckerberg sent to staff.
The Meta chief wrote in a post on Workplace, the company's internal forum, that the company would be doing "more extensive performance-based cuts."
Zuckerberg plans Meta layoffs as company culls ‘low performers’ faster
Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a memo viewed by The Post.
Meta to Cut 5% of Staff as Mark Zuckerberg Says He Will ‘Raise the Bar’
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.”
1h
Meta’s Threads Was Supposed to Be Better Than Twitter. Then Zuckerberg Changed His Mind.
Mark Zuckerberg has been busy. Last week, he announced his future plans for Meta, which included halting all independent fact ...
21h
on MSN
A lawyer says he dropped Meta as a client after what he called a 'descent into toxic masculinity' by Zuckerberg's company
Mark Lemley, who represented Meta in a copyright case, said he was no longer working for Mark Zuckerberg's company following ...
2h
Meta fact-checkers set to lose revenue, may shut down after Zuckerberg’s pivot: ‘We don’t have much time left’
Fact-checkers say they are set to take a major financial hit after Meta decided to adopt a community-notes like approach to content moderation on their platforms.
20h
on MSN
TikTok’s CEO used to work for Mark Zuckerberg as a Facebook intern. Just one decade later, he’s become one of Meta’s fiercest competitors
Shou Zi Chew was an intern at Facebook before he became Mark Zuckerberg’s biggest competitor as CEO of TikTok. Shou Zi Chew ...
1d
Meta to cut 5% of employees deemed unfit for Zuckerberg’s AI-fueled future
Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, ...
2d
on MSN
Prince Harry and Meghan Markle slam Mark Zuckerberg over ‘harmful’ Meta change: ‘Allowing more abuse’
Prince Harry and Meghan Markle have taken aim at Mark Zuckerberg following Meta’s latest move to scrap fact-checking on ...
2h
on MSN
Meta Platforms Is Ending Its Fact-Checking Program. That Could Be Risky for the Stock
Many people see Meta's shift as an attempt to appease Trump, who was banned from Facebook back in 2021 for a period of two ...
17h
on MSN
L.A. Wildfires: YouTube and Google Donating $15 Million, Meta and Zuckerberg to Give $4 Million to Recovery Orgs
YouTube, Google and Meta are pitching in to help L.A. recover from the wildfires that have caused devastation across the ...
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