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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: workers challenge Zuckerberg’s ‘low performer’ justification
Some affected employees are challenging the company's assertion that the cuts solely targeted low performers, claiming they received favorable performance reviews.
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 5 percent. The layoffs, according to Zuckerberg,
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.
16h
on MSN
Meta is fresh off a 16-day win streak, the longest for any major tech stock in decades
Meta gained 17% in 16 days, the longest winning streak for a Nasdaq 100 firm since 1990. Investors have cheered its AI plans ...
1h
Meta Employee Laid Off After Returning From Maternity Leave: "I Was Blindsided"
In a LinkedIn post, Ms Safner shared her shock and disappointment, suggesting that Meta may have targeted employees who had ...
1d
Meta layoffs have begun. Here's everything we know so far.
The social media giant has said it's taking a tougher stance on underperforming employees.
1d
Meta Job Cuts Begin Today As Tech Giant Increases Focus On AI
The social media giant's ambitious restructuring plan will affects 5% of Meta's global workforce amid industry-wide changes ...
6d
on MSN
Meta CTO says company could see a 'legendary misadventure' in 2025 — here's why I'm not worried
Meta will see its most critical year in 2025, according to CTO Andrew Bosworth, and it will need to drive sales in mixed ...
6h
on MSN
Meta achieves historic 16-day rally: a Nasdaq first in decades
The rally began in late January, following CEO Zuckerberg's announcement of ambitious plans to spend over $60 billion this ...
1d
on MSN
Meta Starts Eliminating Jobs in Shift to Find AI Talent
Meta Platforms Inc. began notifying staff of job cuts on Monday, kick-starting a process that will terminate thousands of ...
1d
on MSN
Meta Stock Extends Its Record Winning Streak
Meta stock rose on Monday, leaving intact a record-breaking winning streak for the social media giant. The run, at 16 ...
1d
on MSN
Meta Unleashes Mass Layoffs
The company, which owns Facebook, is letting go of thousands of workers as it prepares to hire a round of machine learning engineers this year.
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