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Meta to lay off 5% of 'lowest performers'
Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles
Zuckerberg had also called 2023 the "Year of Efficiency" as Meta announced its decision to eliminate around 10,000 roles.
Meta to lay off 5% of workforce, about 3,600 employees, in performance-based cuts
According to Bloomberg, Zuckerberg made the announcement via a company memo posted on the company's internal Workplace forum this week.
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.
Mark Zuckerberg, Meta and Facebook
Mark Zuckerberg says he wants more 'masculine energy' at Meta. So why don't more men use Facebook?
Mark Zuckerberg wants more masculine energy at the social companies run by Meta. But his products are used by more women than men. Why is that?
Zuckerberg’s changes to Meta policy seen as politically motivated
Tech industry leaders Jeff Bezos, Bill Gates and Mark Zuckerberg have made trips to Florida to meet with President-elect Donald Trump, who says “I think they’ve gained a lot of respect.”
Mark Zuckerberg Changes Direction On Facebook Monitoring
Mark Zuckerberg is on a journey of sorts, but where he will end up is not always clear. The co-founder of Facebook (now Meta) has become a social media icon. He doesn’t seem as reserved, measured, or rehearsed as he did in the past,
2h
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 ...
18h
on MSN
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 ...
Hosted on MSN
33m
Meta's Generative AI Push Could Bring Big 'Windfall' For WhatsApp, Analyst Says
A Meta stock analyst said the company's generative AI push could help drive new revenue from WhatsApp through chatbots.
4d
on MSN
Facebook owner Meta kills DEI in latest nod to Trump and MAGA movement
Meta is canceling its diversity programs and its civil rights VP has resigned. Amazon.com also said it would roll back some ...
5d
Meta Decision Sends Searches To Delete Facebook Soaring
Commenting on the surge, Gizmodo suggested that “apparently not everyone is ready to live in a post-truth world... Fittingly, ...
7h
Exclusive: Meta warns India antitrust ruling could force roll back of features, hurt business
Meta may have to "roll back or pause" some features in India due to an antitrust directive which banned its WhatsApp ...
7d
No more 'Facebook jail': What will take the place of Meta's fact-checking system
Meta's announcement that it would scrap its fact-checking system was hailed by some, but it also prompted fears that it will ...
8d
Meta ends fact-checking program as Zuckerberg vows to restore free expression on Facebook, Instagram
Meta is ending its fact-checking program and lifting restrictions on speech to “restore free expression" across Facebook, ...
7d
on MSN
Meta to phase back in political content on Facebook, Instagram, and Threads
As part of a significant overhaul of its content moderation policies announced on Tuesday, Meta admitted that its approach to ...
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