Meta to Cut 5% of Its Workers in New Round of Layoffs
4 days ago · The layoffs came days after Meta announced sweeping changes to its content moderation policies. The company, which owns Facebook, Instagram, WhatsApp and Threads, said it would no longer police ...
Bloomberg reports that Meta will lay off 5% of staff | AP News
2 days ago · Meta employs about 72,000 people, according to recent filings, so cutting 5% of staff would amount to 3,600 people, Bloomberg said Tuesday. The Menlo Park, California-based company owns Facebook, Instagram, WhatsApp and Threads. The company declined to comment Wednesday but said that Bloomberg’s reporting was accurate.
Meta announces 5% cuts targeting low performers. Read the memo
4 days ago · Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.
Meta layoffs: 5% of staff to be let go; cuts focus on 'low performers'
2 days ago · Meta layoffs: Facebook parent company cutting 5% of workforce, focusing on 'low performers' Gabe Hauari. USA TODAY. Meta is planning on cutting about 5% of its workforce, with a specific focus on ...
Meta is cutting 5% of its workforce, or more than 3,600 employees
3 days ago · Meta plans to cut 5% of its workforce, or about 3,600 workers, with the social media giant focusing on eliminating low-performing employees. The layoffs, earlier reported by Bloomberg News, were ...
Meta is cutting 5% of its ‘lowest performers’ | CNN Business
4 days ago · Meta is aiming to cut about 5% of what it calls its “lowest performers” with plans to backfill those roles later this year, the company confirmed on Tuesday.
Meta lays off employees across multiple teams - TechCrunch
Oct 16, 2024 · Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company.
Facebook owner Meta slashes business teams in final round of layoffs …
May 24, 2023 · Meta Platforms Inc , owner of Facebook, slashed jobs across its business and operations units on Wednesday as it carried out its last batch of a three-part round of layoffs, part of a plan...
Meta lay-offs: Facebook owner to cut 10,000 staff - BBC
Mar 14, 2023 · Meta, which owns Facebook, Instagram and WhatsApp, has announced plans to cut 10,000 jobs. It will be the second wave of mass redundancies from the tech giant, which laid off 11,000 employees...
Meta Lays Off More Than 11,000 Employees - The New York Times
Nov 9, 2022 · Since Mark Zuckerberg founded Facebook in 2004, the Silicon Valley company has steadily hired more employees. At the end of September, it had amassed its largest-ever number of workers, totaling...