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Meta, Mark Zuckerberg
Meta following Microsoft footsteps? Why has Mark Zuckerberg decided to lay off 3,600 employees: Explained in 10 points
Facebook parent company Meta has announced another round of layoffs. Mark Zuckerberg is planning to fire 3,600 employees. This is not the first time when Meta has announced layoffs. CEO Mark Zuckerberg said the performance-based cuts are intended to ensure that the company has the "strongest talent" and is able to "bring new people in.
Zuckerberg says Meta will lay off more ‘low-performers’
Meta will soon lay off more “low-performers” across the company, according to an internal memo from CEO Mark Zuckerberg that was shared by a source at the company. “I’ve decided to raise the bar on performance management and move out low-performers faster,
Meta cutting 'low performers' in latest round of layoffs
Meta has had several rounds of layoffs to adjust its staffing after it hired aggressively during the pandemic. Earlier this year, it cut several jobs in Reality Labs after letting go of 11,000 employees in 2022. Last year, another 10,000 jobs were cut as CEO Mark Zuckerberg deemed 2023 a "year of efficiency."
12h
on MSN
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 ...
Shacknews
9h
Meta to layoff around 3,600 in 'performance-based cuts'
The layoffs will remove 5 percent of Meta's workforce as an effort to 'move out low performers faster' in preparation for 'an ...
2d
CEO of left-leaning fact-checker says government at fault for censoring Hunter Biden laptop, not fact-checkers
Snopes CEO Chris Richmond said the government was at fault for the censoring of the Hunter Biden laptop story in 2020, and ...
8h
Donald Trump inauguration: Meta CEO Mark Zuckerberg set to cohost reception with billionaire Republican donors
Meta CEO Mark Zuckerberg is cohosting a reception with billionaire Republican donors next week for Donald Trump's ...
22h
on MSN
Meta’s fact-checking changes stoke disinformation concerns
The end of fact-checking at Meta is raising fresh concerns its platforms will become a hotbed of disinformation as the ...
India West
1d
Meta Not Checking Facts Anymore: Zuckerberg Thinks Modi Lost Elections
The International Fact-Checking Network warned that countries vulnerable to misinformation could face political instability, ...
52m
on MSN
'True for several countries BUT not India': Meta apologises for Zuckerberg's 'incumbents' remark
Meta has apologised to India for CEO Mark Zuckerberg's claim that incumbents lost elections globally post-Covid, which was ...
7h
on MSN
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 ...
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