Meta to Cut 5% of Its Workers in New Round of Layoffs

1 day ago · Zuckerberg pressured managers across departments to set higher performance goals to weed out low performers, resulting in Meta’s cutting roughly one-third of its overall work …

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Meta To Cut 5% Of Its Workers In New Round Of Layoffs

2 weeks from now

1 day ago · Zuckerberg pressured managers across departments to set higher performance goals to weed out low performers, resulting in Meta’s cutting roughly one-third of its overall work …

nytimes.com

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

2 weeks from now

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. Those jobs cuts could …

cnn.com

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Meta To Cut 5% Of Jobs And Shed "low Performers Faster" - BBC

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23 hours ago · Meta, the owner of Facebook, Instagram and WhatsApp, is preparing to cut about 5% of its global workforce, as the company looks to drop "low performers faster". In a memo to …

bbc.com

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Meta To Lay Off 5% Of 'lowest Performers', Plans To Hire For …

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1 day ago · Jan 14 (Reuters) - Meta Platforms (META.O), opens new tab will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company …

reuters.com

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Meta To Cut 5% Of Staff As Mark Zuckerberg Says He Will ‘Raise …

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Meta META 3.55% increase; green up pointing triangle plans to cut 5% of its workers in performance-based job cuts in the U.S. on Feb. 10, a step Chief Executive Mark Zuckerberg …

wsj.com

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Meta To Cut 5% Of Workforce Targeting 'lowest Performers'

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16 hours ago · Summary: Meta is planning to cut approximately 5% of its workforce, or about 3,600 positions, in February. The cuts will be performance-based to “move out lowest …

euronews.com

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

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18 hours ago · GREAT PLACE TO WORK LISTS; BEST MBA PROGRAMS; ... Meta to cut roughly 5% of staff, targeting lowest performers. BY Bloomberg. Meta expects its headcount to …

fortune.com

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

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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, …

msn.com

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Meta To Cut 5% Of Staff As Zuckerberg Targets 'low Performers': …

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1 day ago · Meta is planning to slash roughly 5% of its staff this year in a move aimed at weeding out under-performers, CEO Mark Zuckerberg revealed on Tuesday. In a memo to employees …

nypost.com

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Meta To Layoff 5% Of Its Lowest Performers As A Way To 'raise The Bar'

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1 day ago · Meta plans to reduce its workforce by approximately 5%, targeting the company's lowest-performing employees, according to a report on Tuesday. As of September, Meta …

ynetnews.com

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Meta To Lay Off 5% Of Workforce As Zuckerberg Targets Low …

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23 hours ago · 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 …

thehill.com

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Zuckerberg To Cut 5% Jobs At Meta, To Move Out 'low-performers' …

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1 day ago · Meta Platforms CEO Mark Zuckerberg plans to lay off 5% of low-performing employees, aiming for 10% attrition by end of performance cycle.

seekingalpha.com

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Meta Planning To Cut 5% Of Global Staff - RTÉ

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1 day ago · Meta, the parent company of Facebook, Instagram and WhatsApp is planning to cut about 5% of its 'lowest performing' staff globally, according to an internal memo sent to staff.

rte.ie

FAQs about Meta to Cut 5% of Its Workers in New Round of Layoffs Coupon?

Will Meta cut 5% of its workforce?

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 confirmed by Meta, which had about 72,400 employees as of Sept. 30. ...

Will Meta lay off 5% of its 'lowest performers'?

(REUTERS) Meta will lay off approximately 5% of its “lowest performers” and plans to hire for these roles later this year, according to a company spokesperson on Tuesday. CEO Mark Zuckerberg also warned employees of additional job cuts in the future to “raise the bar” on performance management. ...

Why did meta cut low-performing employees?

The decision to cut low-performing employees comes at a time when Meta is undergoing a transformation, opting to end its fact-checking program and replacing it with a community-driven system similar to that used by Elon Musk's X. ...

How many jobs did meta cut in 2022?

In 2022, Meta implemented several restructuring measures, leading to about 11,000 job cuts. Zuckerberg had previously dubbed 2023 the “Year of Efficiency,” announcing plans to eliminate around 10,000 positions. ...

When will Meta employees get severance?

Meta said employees affected by the layoffs will be notified by Feb. 10 and receive severance in line with what the company has provided previously. 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. ...

How many people have been laid off at Meta?

The layoffs, earlier reported by Bloomberg News, were confirmed by Meta, which had about 72,400 employees as of Sept. 30. In a memo published by Bloomberg and confirmed by Meta, CEO Mark Zuckerberg said the company's plan reflects the anticipation of an "intense year" that will focus on technology such as artificial intelligence and smart glasses. ...