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Meta is reducing its workforce by about 5% through performance-based terminations, Bloomberg reported on Tuesday.
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." ...
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 ...
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff ...
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.” ...
Meta is planning to slash roughly 5% of its staff this year in a move aimed at weeding out under-performers, CEO Mark ...