Meta Business Manager

Meta to cut 5% of staff

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 would be doing "more extensive performance-based cuts."

New York Post on MSN · 1d

Meta to cut 5% of staff as Mark Zuckerberg targets ‘low performers’: memo

Meta is planning to slash roughly 5% of its staff this year in a move aimed at weeding out under-performers, CEO Mark Zuckerberg revealed on Tuesday. In a memo to employees on Meta’s internal message board, Zuckerberg indicated that the company would hire new workers this year to replace the ousted employees.

USA Today · 6h

Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles

Zuckerberg had also called 2023 the "Year of Efficiency" as Meta announced its decision to eliminate around 10,000 roles.

3hon MSN

Bloomberg reports that Meta will lay off 5% of staff

News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff ...

20h

Meta To Lay Off 3,600 Employees In Performance-based Cuts

Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according ...

18hon MSN

Meta to trim 5% of its workforce, focusing on underperformers — Mark Zuckerberg says the move will "raise the bar" on performance management

Meta will make performance-based cuts, slated to impact approximately 5% of its workforce based on performance. The company ...

PCMag on MSN6h

Meta Laying Off Thousands to Prep for 'Intense' Year Ahead

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. "This is going to be an intense year ...

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