Meta to cut roughly 5 percent of staff, targeting lowest performers
As of September, Meta employed about 72,000 people, so a 5 percent reduction could affect roughly 3,600 jobs. “I’ve decided to raise the bar on performance management and move out low-performers faster,” chief executive Mark Zuckerberg said in the note posted to an internal message board and reviewed by Bloomberg News.
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Meta Platforms Inc is cutting about 5 percent of its staff through performance-based terminations and plans to hire new ...
Joining companies such as John Deere and Walmart, Facebook and Instagram’s parent company Meta Platforms Inc. is getting rid ...
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Meta's Q4 2025 Earnings: What to ExpectHeadquartered in Menlo Park, California, Meta Platforms, Inc. (META) is a global leader in technology and social connectivity ...
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This month, the Focus List additions are Teva Phar Inds Lt (TEVA); SAP SE (SAP); 3M Co. (MMM); Meta Platforms Inc (META) and the Focus List deletions are Crowdstrike Holdings Inc (CRWD); Lilly ...
Meta announced a 5% workforce cut as part of its performance review strategy, aligning with its "year of efficiency" ...
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