Meta to cut roughly 5 percent of staff, targeting lowest performers
As of September, Meta employed about 72,000 people, so a 5 percent reduction could affect roughly 3,600 jobs. “I’ve decided to raise the bar on performance management and move out low-performers faster,” chief executive Mark Zuckerberg said in the note posted to an internal message board and reviewed by Bloomberg News.
Bay Area lawyer drops Meta
Meta, India and Antitrust
Meta’s use of “non-regrettable attrition” highlights the power of language in shaping culture, trust, and market perception.
Meta’s decision to end its fact-checking program looks like the company is “caving” to political pressures, said Meta’s oversight board co-chair Michael McConnell. McConnell, who is a law ...
A top Meta official blasted CEO Mark Zuckerberg’s decision to discontinue fact-checking on Facebook, Instagram and Threads — saying the social media mogul was “buckling to political pressure ...
This is going to be an intense year, and I want to make sure we have the best people on our teams,” Meta CEO Mark Zuckerberg ...
"What’s in a name?" was famously coined by Shakespeare. While Meta is 'ending' there DEI Programs, are they just being called ...
The company specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a ...
And now, Meta is joining the fray with plans to make performance-based cuts, slated to impact approximately 5% of its ...
Joining companies such as John Deere and Walmart, Facebook and Instagram's parent company Meta Platforms Inc. is getting rid ...
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