The tech giant is cutting thousands of employees in a round of performance-based layoffs. Here’s why that could cost Meta, ...
While workforce cuts raise concerns, the tech sector is poised for significant growth, with jobs in big data, fintech, and AI ...
According to an internal memo, Meta plans to cut 5% of its workforce in February. What's ahead for the parent of Facebook - ...
Meta is set to lay off over 3,600 employees, or roughly 5% of its “lowest performers.” In an internal memo posted on the company’s Workplace forum on Tuesday, Jan. 14, CEO Mark Zuckerberg said 2025 ...
Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.
According to Bloomberg, Zuckerberg made the announcement via a company memo posted on the company's internal Workplace forum this week.
When companies cut jobs, many resort to language like "rightsizing" to try to soften the blow. It doesn't work.
Meta has undergone significant restructuring since 2022, beginning with the layoffs of approximately 11,000 jobs. In 2023, ...
Meta Platforms is looking to cut its headcount by 5%, which shows the efficiency drive by the management. Read why META stock ...
Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first ...