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.
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."
Meta to cut roughly 5% of its workforce based on performance
Meta is reducing its workforce by about 5% through performance-based terminations, Bloomberg reported on Tuesday.
Mark Zuckerberg warns Meta staff of ‘intense year’ ahead as he announces low performers will be cut
Mark Zuckerberg is taking aim at Meta's low performers. The CEO told employees to prepare for an "intense year" in an internal memo announcing staff cuts.
Meta to axe 5% of lowest-performing staff as Zuckerberg talks of need for more 'masculine energy'
An internal memo to staff from chief executive Mark Zuckerberg said he had decided to raise the bar on performance management in order to move out low-performers faster
Meta to cut 5% of staff as it 'raises the bar on performance management'
Meta is reportedly set to cut an estimate of 5% of its global workforce, specifically the company's lowest performing staff.
Meta to cut 5% of staff as Mark Zuckerberg targets ‘low performers’: memo
Meta is planning to slash roughly 5% of its staff this year in a move aimed at weeding out under-performers, CEO Mark Zuckerberg revealed on Tuesday. In a memo to employees on Meta’s internal message board, Zuckerberg indicated that the company would hire new workers this year to replace the ousted employees.
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.”
Meta to Cut Roughly 5% of Staff, Targeting Lowest Performers
Meta Platforms Inc. is cutting roughly 5% of its staff through performance-based terminations and plans to hire new people to fill their roles this year, according to an internal memo sent to all employees.
Meta layoffs: Facebook parent company cutting 5% of workforce, focusing on 'low performers'
Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.
Bloomberg reports that Meta will lay off 5% of staff
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff ...
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