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Meta to cut 5% of workforce
Meta is reportedly laying off 3,600 employees
Mark Zuckerberg is doubling down on more cartoon villainy this week by proposing to lay off more than 3,600 employees — or roughly five percent of Meta 's "lowest performers." Of course, in true capitalist fashion, he plans to backfill those positions later this year.
Meta is cutting 5% of its workforce, or more than 3,600 employees
Meta will cut about 5% of its workforce, focusing on getting rid of low-performing employees at the social media giant.
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 to an internal memo reported by Bloomberg on Tuesday.
The Economist
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on MSN
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Meta's 'pay or consent' model asks users to enable the processing of their personal data or pay a monthly fee. View on ...
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Meta, Amazon, McDonald’s: Marketing’s Role In The DEI Collapse
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ThePrint
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India’s parliament panel to summon Meta officials over founder Zuckerberg’s remarks on 2024 elections
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GlobalData on MSN
10h
Meta to lay off 5% of workforce amid AI investments
Meta's workforce stood at approximately 72,000 employees, meaning a 5% cut could impact around 3,600 positions.
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