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Meta, Zuckerberg
Meta CEO Mark Zuckerberg says the company will be cutting low-performers 'faster' as a way to 'raise the bar'
The Meta chief wrote in a post on Workplace, the company's internal forum, that the company will 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's 5 Percent Layoffs Loom—What Is Mark Zuckerberg's Salary, Net Worth?
Meta's recently announced cuts come after several restructuring efforts by the social media giant in recent years.
Meta to cut roughly 5% of its workforce
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."
Meta to layoff around 3,600 in 'performance-based cuts'
The layoffs will remove 5 percent of Meta's workforce as an effort to 'move out low performers faster' in preparation for 'an intense year,' said CEO Mark Zuckerberg.
Meta To Lay Off 3,600 Employees In Performance-based Cuts
Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on Tuesday.
3h
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 ...
8h
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 ...
8h
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 ...
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 ...
11h
Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles
Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company ...
18h
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 ...
4h
Donald Trump inauguration: Meta CEO Mark Zuckerberg set to cohost reception with billionaire Republican donors
Meta CEO Mark Zuckerberg is cohosting a reception with billionaire Republican donors next week for Donald Trump's ...
10h
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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