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

2 weeks from now

9 hours ago · Meta Platforms is set to lay off approximately 5% of its workforce, targeting low performers, ... Meta CEO Mark Zuckerberg said: “I have decided to raise the bar on …

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

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23 hours 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 Lay Off 5% Of Its Workforce Ahead Of 'intense Year'

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22 hours ago · In a memo to staff, CEO Mark Zuckerberg said he “decided to raise the bar on performance management and move out low-performers faster.” Meta Platforms Inc. (Nasdaq: …

bizjournals.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 Cut Roughly 5% Of Staff, Targeting Lowest Performers

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1 day ago · Meta Platforms Inc. 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 …

bloomberg.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 Lay Off 3,600 Employees As Zuckerberg Focuses On Efficiency

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23 hours ago · Meta Platforms Inc. is cutting around 5% of its workforce — approximately 3,600 jobs — through performance-based eliminations, a spokesperson for the Menlo Park tech …

sfchronicle.com

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Meta Layoffs Incoming As Zuckerberg Predicts “Intense Year”

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6 hours ago · Meta Layoffs Incoming As Zuckerberg Predicts “Intense Year” Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.

tech.co

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Zuckerberg Warns Of More Job Cuts At Meta To Boost Performance

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4 hours ago · Meta Platforms META.O will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday. CEO Mark …

usatoday.com

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Meta To Lay Off 5% Of 'lowest Performers', Plans To Hire For ... - CNA

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1 day ago · Meta Platforms will trim about 5 per cent of its "lowest performers" and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday (Jan 14). CEO …

channelnewsasia.com

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Meta Is Cutting 5% Of Its Workforce As Zuckerberg Looks To "raise …

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6 hours ago · Meta wants to cut 5% of its headcount CEO Mark Zuckerberg wants low performers out, and new talent in The cuts, with general attrition, will cut headcount by around 10% this …

techradar.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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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 Plans To Cut 5% Of Lowest Performing Staff As Zuckerberg …

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22 hours ago · Mark Zuckerberg, the co-founder of Facebook and CEO of its parent company Meta, told staff on Tuesday that it plans to cut its “low performers” sooner than expected, …

independent.co.uk

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Meta Plans To Layoff At Least 5% Of Its Staff Based On Performance …

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10 hours ago · Meta has announced plans to lay off about 5% of its workforce, focusing on employees who are deemed to be low performers. This decision is part of CEO Mark …

firstpost.com

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Meta To Lay Off 5% Of Workforce, About 3,600 Employees, In

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3 hours ago · Zuckerberg wrote that the decision was designed to "move out low performers faster." In a separate message posted by a company director, it was confirmed that 5% of …

techspot.com

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Meta To Lay Off 5% Of Workforce, Focus On Performance

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19 hours ago · Meta plans to lay off 3,600 employees as CEO Mark Zuckerberg targets low performers. New focus on AI and smart glasses technology. ... Meta to Lay Off 5% of …

lawyer-monthly.com

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Meta To Lay Off 5% Of Workforce, Targeting Low Performers

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13 hours ago · Meta to lay off 5% of workforce, targeting low performers Meta CEO Mark Zuckerberg added that a few employees who underperformed in the last period may be …

yourstory.com

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

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22 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 …

nydailynews.com

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Meta Laying Off Thousands To Prep For 'Intense' Year Ahead

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19 hours ago · Meta CEO Mark Zuckerberg is laying off about 5% of the company, or roughly 3,600 people, according to an internal memo shared with multiple news outlets this week. …

pcmag.com

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Zuckerberg Targets Underperformers In Meta’s Latest Job Cuts

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1 day ago · 😲 Meta plans to lay off 5% of its workforce, potentially impacting 3,600 employees, to address underperformance. The company will notify U.S.-based workers affected by the cuts …

blocknews.com

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

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.” ...

Will Zuckerberg replace lower-performing employees?

Zuckerberg's talk of replacing lower-performing workers appears to be another imitation of what Elon Musk has done at X. Musk famously told staff to agree to become part of the new "hardcore" Twitter 2.0 work culture or be fired – an ultimatum that saw one former employee awarded $602,640 at an unfair dismissal case. ...

How many job cuts did Zuckerberg make in 2022?

In 2022, Meta initiated changes that resulted in around 11,000 job cuts. Zuckerberg labelled 2023 as the “Year of Efficiency,” and revealed plans to eliminate approximately 10,000 roles. In a note to managers, he explained that the performance-based layoffs aim to retain the “strongest talent” while making room to “bring new people in.” ...

How will a 5% cut affect meta's workforce?

By September 2024, Meta's workforce stood at approximately 72,000 employees, meaning a 5% cut could impact around 3,600 positions. In a note, Meta CEO Mark Zuckerberg said: “I have decided to raise the bar on performance management and move out low-performers faster. ...

Is Facebook laying off 5% of its workforce?

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 72,000 people, so a 5% reduction would mean a loss of 3,600 jobs. Zuckerberg communicated his plans in a memo to employees, which was first reported by Bloomberg. ...

How many people has meta laid off in 2023?

Meta has laid off more than 21,000 people since November 2022, with 10,000 cuts taking place in 2023, which Zuckerberg defined as the company's "year of efficiency." Create your free account to leave a comment. Join thousands of tech enthusiasts and participate. ...