Meta carrying out performance-based layoffs starting Monday, cutting 5% of staff
Meta, the parent company of Facebook, will conduct 'performance terminations' this week and cut roughly 5% of its staff.
Meta layoffs begin targeting low performers. Roughly 5% of workforce to be replaced with new hires.
Social media company Meta Platforms has begun efforts to reduce its current staff by 5% and start fresh with new workers. According to a Meta representative Tuesday morning, "these are performance terminations that we intend to backfill.
Meta layoffs: US workers first in line as Mark Zuckerberg's company begins firing 'lowest performers'
Meta staff in Germany, France, Italy and the Netherlands are saved for the time being but around 3,600 Meta workers are likely to be fired from their jobs starting Monday
Meta Platforms Layoffs Start Today as It Shifts Focus to AI Development
Meta Platforms (META) layoffs start today as the social media giant further shifts to an artificial intelligence (AI) company. The tech company
Meta layoffs targeting low performing workers start Monday
KRON4's Justine Waldman reports <a href="
Black Monday at Meta as Performance-Based Layoffs Begin
The round of performance-based layoffs announced by Meta CEO Mark Zuckerberg last month is underway. Business Insider reported that affected employees in Asia, Europe, and the U.S. began receiving notifications today.
Meta layoffs to begin Monday as company moves to cut 5 percent of workforce
Previously announced layoffs for Facebook parent company Meta are set to begin Monday. Last month, Meta CEO Mark Zuckerberg announced plans to trim the company’s workforce by
Politico co-founder says liberal media have reached a low point: ‘Never been weaker in my lifetime’
Politico co-founder Jim VandeHei said in an interview published Tuesday that the liberal media has reached a low point in ...
Tech layoffs reveal the unintended consequences of mass job cuts
After years of layoffs and cutbacks, tech workers have lost trust in their employers. Federal employees may face the same ...
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Meta begins layoffs across global operations today
This move aligns with CEO Mark Zuckerberg's strategy to "raise the bar on performance management" and focus on efficiency, as ...
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KENS 5 media company TEGNA reportedly lays off 'Verify' employees
"The VERIFY team, with help from questions submitted by the audience, tracks the spread of stories or claims that need clarification or correction. We provide trustworthy, transparent information ...
Layoffs likely if too few US government employees quit, report says
Layoffs of federal workers would be "likely" if too few employees quit under the White House's deferred resignation program, ...
Studio Abandons A Bunch Of Games As It Goes All In On Smite 2
Smite and Realm Royale developer and publisher Hi-Rez is shifting most of its remaining staff and resources away from some of ...
After the decision on USAID, layoffs began in the "opposition" media in Russia and Belarus
After the decision of the new US leadership to reduce the number and funding of USAID, layoffs began in Russian and Belarusian opposition media. About this today, February 7, writes the Ukrainian TC ...