Meta cutting 'low performers' in latest round of layoffs - FOX 5 DC

1 day ago · Meta is slashing 5% of its workforce, targeting low performance. The layoffs could impact 3,600 employees. Affected employees are expected to be notified by Feb. 10. Meta …

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Meta Cutting 'low Performers' In Latest Round Of Layoffs - FOX 5 DC

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1 day ago · Meta is slashing 5% of its workforce, targeting low performance. The layoffs could impact 3,600 employees. Affected employees are expected to be notified by Feb. 10. Meta …

fox5dc.com

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Meta Is Cutting 5% Of Its ‘lowest Performers’ | CNN Business

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1 day 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.

cnn.com

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Meta Is Cutting 5% Of Its Workforce, Or More Than 3,600 Employees

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1 day 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 …

cbsnews.com

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Meta To Cut Roughly 5% Of Staff, Targeting Lowest Performers

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1 day ago · Meta to cut roughly 5% of staff, targeting lowest performers. BY Bloomberg. Meta expects its headcount to be down 10% by the end of the current performance cycle. Alex …

fortune.com

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Zuckerberg Plans Meta Layoffs As Company Culls ‘low Performers

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By the end of September, Meta employed 72,404 people, about 14,910 fewer than it had before its first round of layoffs in November 2022. The company earned $40.59 billion in revenue …

msn.com

FAQs about Meta cutting 'low performers' in latest round of layoffs - FOX 5 DC Coupon?

Will Meta cut 5% of its 'lowest performers'?

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. Those jobs cuts could affect about 3,600 workers, based on Meta’s latest quarterly report citing a 72,000-strong workforce in September. ...

Will Meta cut 5% of its workforce?

Meta is set to cut about 5% of its workforce, focusing on the company's lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about the decision to "move out low performers faster" in a memo posted on the company's internal Workplace forum on Tuesday. Zuckerberg told employees 2025 will "be an intense year." ...

Why did meta cut a quarter of its workforce in 2022 & 2023?

The cuts represent Meta's largest layoffs since it eliminated 21,000 jobs, or nearly a quarter of its workforce, in 2022 and 2023. Bloomberg was first to report the cuts, citing an internal memo. The move follows several major operational changes within Meta aimed at building closer ties with President-elect Donald Trump. ...

Why is meta laying off 5 percent of its workforce?

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 year.” Zuckerberg, in an internal memo to employees Tuesday, said he made the choice to “raise the bar on performance management and move out low-performers faster.” ...

How many people have been laid off at Meta?

As of the end of September, Meta employed more than 72,000 people, meaning a 5 percent cut could impact about 3,600 jobs. The parent company of Facebook and Instagram has carried out numerous layoffs, starting with its first round in November 2022, when more than 11,000 employees were laid off. ...

What's going on with facebook's'meta' layoffs?

Facebook parent Meta Platforms Inc. started its third round of layoffs Wednesday, according to a source familiar with the matter. The fresh round of cuts is part of Meta's previously announced plan in March to cut 10,000 roles this spring. ...