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

1 day ago · Mr. Zuckerberg said in the memo that workers whose roles were cut would be replaced by new hires in 2025. The layoffs came days after Meta announced sweeping changes to its content moderation ...

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

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

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23 hours 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 Announces 5% Cuts In Preparation For ‘intense ... - NBC New …

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1 day ago · 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 …

nbcnewyork.com

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Meta To Cut 5% Of Its ‘lowest Performing’ Workers In New Round Of ...

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16 hours ago · ShareChat to lay off 5% workforce after annual performance review Meta to cut 5% of its ‘lowest performing’ workers in new round of layoffs, CEO Zuckerberg warns of …

financialexpress.com

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

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20 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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Bloomberg Reports That Meta Will Lay Off 5% Of Staff - ABC News

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4 hours ago · News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to …

go.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 · According to a report by Bloomberg, Meta will implement another round of layoffs, affecting approximately 3,600 employees worldwide; In an internal memo sent to staff, the …

ynetnews.com

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Meta To Cut 5% Of Staff Based On Performance - Axios

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1 day ago · Meta notified employees Tuesday that it plans to lay off the lowest-performing 5% of its staff, or roughly 3600 people. Why it matters: It's the third round of major layoffs at Meta in …

axios.com

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

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Meta META3.55%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 Employees Deemed Unfit For Zuckerberg’s AI …

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22 hours ago · This is the biggest round of cuts at Meta since 2023, when Meta laid off 10,000 employees during what Zuckerberg dubbed the "year of efficiency." Those layoffs followed a …

arstechnica.com

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

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21 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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Meta Plans To Cut 5% Of Its Workforce, Focusing On The Lowest ...

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1 day ago · Mark Zuckerberg told staff Tuesday that Meta will make "more extensive performance-based cuts." Last week, Meta said it would roll back DEI initiatives and get rid of …

yahoo.com

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

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15 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 …

fortune.com

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

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12 hours ago · SAN FRANCISCO — Meta plans to lay off up to 5% of its employees based on performance ratings, according to an internal memo to workers on Tuesday viewed by The …

omanobserver.om

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Facebook Parent Meta Platforms To Lay Off 5% Of Staff - Deadline

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1 day ago · Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of an “intense” year ahead. Meta had roughly …

deadline.com

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Meta To Lay Off More Than 3,600 Workers In Latest Shakeup

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21 hours ago · Meta is planning to lay off 5% of its workers, a total of more than 3,600 employees. CEO Mark Zuckerberg said the job cuts come ahead of what will likely be an “intense year” as …

nydailynews.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

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Bloomberg Reports That Meta Will Lay Off 5% Of Staff - Yahoo

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4 hours ago · News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them. Bloomberg ...

yahoo.com

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

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1 day ago · Home » Meta To Cut 5% Of Its Workers In New Round Of Layoffs. Business Digital. Meta To Cut 5% Of Its Workers In New Round Of Layoffs. Jan 14, 2025 | Kate CongerMike …

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Meta Plans To Cut 5% Of Workforce - LinkedIn

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Meta is cutting roughly 5% of its staff through performance-based terminations and plans to hire new people to fill their roles this year, according to an internal memo sent to all employees.As …

linkedin.com

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Meta To Lay Off 5% Of Workforce Amid AI Investments - Yahoo …

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9 hours ago · By September 2024, Meta's workforce stood at approximately 72,000 employees, meaning a 5% cut could impact around 3,600 positions.

yahoo.com

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

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. ...

Will Meta cut 5 percent of its workforce?

Meta will soon cut 5 percent of its workforce, focusing on what the social media conglomerate calls the “lowest performers” on its staff, CEO Mark Zuckerberg announced Tuesday as the company’s latest restructuring decision in recent days. ...

How many workers will be cut in a new round of layoffs?

The new round of layoffs will eliminate about 3,600 workers out of 72,000 total employees, according to Meta’s quarterly earnings report. Those workers whose jobs are expected to be cut will be replaced by new talent this year. ...

How many people does meta employ?

As of September 30, Meta employed more than 72,000 people. The company, like many in the tech industry, is focusing investments on artificial intelligence (AI), with billions already allocated to AI infrastructure, and further expenses expected this year. In 2022, Meta implemented several restructuring measures, leading to about 11,000 job cuts. ...

What happened to meta?

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 certain types of hate speech, including allowing users of its apps to suggest that L.G.B.T.Q. identities are rooted in mental illness. ...

Why did meta terminate its diversity programs?

The announcement comes as Meta makes numerous company-wide shifts in preparation for President-elect Donald Trump’s impending return to the White House next week. On Friday, Meta terminated its diversity, equity, and inclusion programs and supplier diversity programs to root out corporate wokeness. ...