Meta to cut roughly 5% of its workforce

Meta to Cut 5% of Staff as Mark Zuckerberg Says He Will ‘Raise the Bar’
Chief Executive Mark Zuckerberg said the cuts are necessary as the company builds ‘the most important technologies in the world.’
Meta to Cut Roughly 5% of Staff, Targeting Lowest Performers
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 memo sent to all employees.
Meta to cut roughly 5% of its workforce based on performance
Meta is reducing its workforce by about 5% through performance-based terminations, Bloomberg reported on Tuesday. The company plans to hire new people to fill the roles, CEO Mark Zuckerberg said in an internal memo to staff.
Meta Plans to Cut 5% of Its Worst-Performing Employees This Year
Meta Platforms plans to cut roughly 5% of its worst-performing employees this year with the intent of hiring new people to fill their roles, a company spokesperson told Barron’s. Bloomberg reported the news earlier,
Meta to lay off as many as 5% of its low-performing employees
Meta will reportedly lay off more low-performing employees this year. The news comes via Bloomberg, which reported seeing an internal memo shared by a source at Meta. The memo, in
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 what CEO Mark Zuckerberg said will be an “intense year.” Zuckerberg, in an internal memo to employees Tuesday,
Inside Meta’s race to beat OpenAI: “We need to learn how to build frontier and win this race”
A trove of newly released documents reveals Meta’s plans to use book piracy site LibGen to train its AI models.
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
The company specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a ...
Meta to Cut 5% of Its Workers in New Round of Layoffs
The company said in a memo sent to its employees on Tuesday that the layoffs would be based on performance ratings.
Meta Stock Falls Amid Layoff News
Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...
Meta plans to cut 5% of its workforce, focusing on the lowest performers. Read the memo Mark Zuckerberg sent to staff.
The Meta chief wrote in a post on Workplace, the company's internal forum, that the company will be doing "more extensive ...
Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles
Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company ...
Zuckerberg plans Meta layoffs as company culls ‘low performers’ faster
Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a ...
Meta Quest 3S review: probably the one we’ve been waiting for
Meta’s best decision with the Quest 3S? It comes with Batman: Arkham Shadow.
Bay Area tech giant Meta to dump thousands of workers, then hire replacements
Meta plans to push out thousands of “low-performers” next month, in Bay Area tech’s first massive job cut of 2025. CEO Mark ...
Meta Is Planning to Cut 5% of Lowest Performers, Memo Shows
Meta Platforms Inc. is planning to cut about 5% of its lowest performers with the intent of backfilling their roles this year ...
You’ve Never Seen the Meta Quest 3S Bundle at a Lower Price Before, Cheaper Than During Last Year’s Holiday Season
In fact, Meta’s latest VR headset just got a nice price cut, making it a pretty tempting time to jump into mixed reality. The ...
Meta's 5 Percent Layoffs Loom—What Is Mark Zuckerberg's Salary, Net Worth?
Meta's recently announced cuts come after several restructuring efforts by the social media giant in recent years.