Meta to cut 5% of employees deemed unfit for Zuckerberg’s AI-fueled future
Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, Zuckerberg confirmed that Meta was shifting its strategy to "move out low performers faster" so that Meta can hire new talent to fill those vacancies this year.
CEO Mark Zuckerberg is putting an end to Meta’s “fact-checking” program in favor of “community notes.” Instead of ...
The company said in a memo sent to its employees on Tuesday that the layoffs would be based on performance ratings.
Meta is planning to lay off 5% of its workers, a total of more than 3,600 employees, as the company continues its focus on ...
Meta, the parent company of Facebook, Instagram, and WhatsApp, plans to lay off about 3,600 employees, identified as low ...
Meta is planning to lay off about 5 percent of its workforce by targeting the company’s lowest performers in preparation for ...
Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...
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