Meta layoffs: Facebook parent company cutting 5% of workforce, focusing on 'low performers'
Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.
Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being ...
CBS News17d
Meta is cutting 5% of its workforce, or more than 3,600 employees
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 ...
The New York Times18d
Meta to Cut 5% of Its Workers in New Round of Layoffs
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 ...
Forbes15d
Leaked Zuckerberg Memo Warns Of Meta Layoffs And ‘Intense Year’ Ahead
Meta announces low performers will be cut. Zuckerberg wrote in a post on Workplace, the company’s internal forum, that the company would begin making cuts based on performance during the year ...
Insider Monkey13d
Jim on Meta Platforms Inc. (META): Layoffs, Efficiency, and Zuckerberg’s Bold Moves
We recently published a list of Jim Cramer Discussed These 18 Stocks As Inflation Dropped. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against ...
Meta Earnings Preview: AI-Driven Ads, eCommerce Gains, And Capex Surprises Ahead?
Post suggests Meta could benefit from eCommerce sales and strength in shopping ads, as well as improving AI models for ad ...
Seeking Alpha10d
Meta Makes 'Intense Year' Forecast And Big Layoffs
Meta can also gain tailwinds from TikTok’s challenges, new AI tools for advertisers, margin expansion from layoffs, and strong sales in new product lineup. Figure: Comparison of forward EPS ...
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be ...
Dataquest15d
Meta Layoffs: Is AI The Reason For Layoffs at Meta?
How the underachievers are determined is still unknown. Zuckerberg calls it an "intense year" ahead.The layoffs are a part of his so-called "intense year." So what to expect from this news of Meta ...
AZ Central16d
Meta layoffs: Facebook parent company cutting 5% of workforce, focusing on 'low performers'
Meta is planning on cutting about 5% of its ... Reuters reported. The layoffs come after the company scrapped its U.S. fact-checking program last week and reduced curbs on discussions around ...