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Meta, Zuckerberg

Facebook Parent Meta Platforms To Lay Off 5% Of Staff; CEO Mark Zuckerberg Warns Of "Intense" Year Ahead

Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of an “intense” year ahead. Meta had roughly 72,000 people, so a 5% reduction would mean a loss of 3,

Engadget on MSN · 5h

Mark Zuckerberg plans to lay off an additional five percent of Meta's workforce

Meta is preparing for even more layoffs, according to reporting by Bloomberg. CEO Mark Zuckerberg said in a company memo that he plans on cutting about five percent of its "low-performers." “I’ve decided to raise the bar on performance management and move out low-performers faster,

The Wall Street Journal on MSN · 6h

Meta to Cut 5% of Staff as Mark Zuckerberg Says He Will ‘Raise The Bar’

Chief Executive Mark Zuckerberg said the cuts are necessary as the company builds ‘the most important technologies in the world.’

Meta to lay off 5% of 'lowest performers'

The Hill on MSN · 2h

Meta expected to lay off 5 percent of workforce ahead of ‘intense year’

Meta is planning to lay off about 5 percent of its workforce by targeting the company’s lowest performers in preparation for what CEO Mark Zuckerberg said will be an “intense

Barron's · 3h

Meta To Lay Off 3,600 Employees In Performance-based Cuts

Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on Tuesday.

Reuters on MSN · 4h

Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles

Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday. CEO Mark Zuckerberg has also warned employees about more such job cuts this year to "raise the bar" on performance management,

Meta to trim 5% of its workforce, focusing on underperformers — Mark Zuckerberg says the move will "raise the bar" on performance management

And now, Meta is joining the fray with plans to make performance-based cuts, slated to impact approximately 5% of its ...

Meta Decision Sends Searches To Delete Facebook Soaring

Commenting on the surge, Gizmodo suggested that “apparently not everyone is ready to live in a post-truth world... Fittingly, ...

1hon MSN

Meta Layoffs: Are They Happening Because of AI?

CEO Mark Zuckerberg is putting an end to Meta’s “fact-checking” program in favor of “community notes.” Instead of ...

No more 'Facebook jail': What will take the place of Meta's fact-checking system

Meta's announcement that it would scrap its fact-checking system was hailed by some, but it also prompted fears that it will ...

7don MSN

Meta to phase back in political content on Facebook, Instagram, and Threads

As part of a significant overhaul of its content moderation policies announced on Tuesday, Meta admitted that its approach to ...

Meta: One Of The Least Attractive Stocks In The Big Tech Space

Meta's valuation is less attractive relative to peers, which offer more growth opportunities and lower risks. Click here to ...

3don MSN

Facebook owner Meta kills DEI in latest nod to Trump and MAGA movement

Meta is canceling its diversity programs and its civil rights VP has resigned. Amazon.com also said it would roll back some ...

Poynter12h

New Meta content rules let users call LGBTQ+ people ‘mentally ill.’ Here’s what medical experts say.

Alongside the announcement that Meta was ending its relationship with independent fact-checkers, the social media company outlined new “hateful conduct” policies. Those policies explicitly permit ...

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