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Zuckerberg plans Meta layoffs
Facebook Parent Meta Platforms To Lay Off 5% Of Staff; CEO Mark Zuckerberg Warns Of "Intense" Year Ahead
Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of an “intense” year ahead. Meta had roughly 72,000 people, so a 5% reduction would mean a loss of 3,
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 performance-based cuts."
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 memo viewed by The Post.
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.
Mark Zuckerberg plans to lay off an additional five percent of Meta's workforce
Meta is preparing for even more layoffs, according to reporting by Bloomberg. CEO Mark Zuckerberg said in a company memo that he plans on cutting about five percent of its "low-performers." “I’ve decided to raise the bar on performance management and move out low-performers faster,
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.’
Zuckerberg to cut 5% of Meta based on performance
Meta notified employees Tuesday that it plans to lay off the lowest-performing 5% of its staff, or roughly 3600 people. Why it matters: It's the third round of major layoffs at Meta in the past three years.
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,
7h
Meta says 5% staff cut is critical to further AI, social media
Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, ...
Futurism
1h
Zuckerberg Announces Layoffs After Saying Coding Jobs Will Be Replaced by AI
Meta CEO Mark Zuckerberg has announced sweeping layoffs of what he refers to as "low-performers" at his empire.
49m
on MSN
Elon Musk, Jeff Bezos and Mark Zuckerberg to attend Trump's inauguration
Elon Musk, Jeff Bezos and Mark Zuckerberg will attend President-elect Donald Trump’s inauguration on Monday, according to an ...
4d
on MSN
Mark Zuckerberg named in lawsuit over Meta’s use of pirated books for AI training
A group of authors, including Ta-Nehisi Coates and Sarah Silverman, alleged in a court filing that Meta CEO Mark Zuckerberg ...
4d
Lawsuit says Mark Zuckerberg approved Meta's use of pirated materials to train Llama AI
Meta allegedly used copyrighted journals, books and other materials from the LibGen dataset to train its Llama AI models.
MIT Technology Review
1d
Mark Zuckerberg and the power of the media
It's true that powerful forces control what you can see on Facebook and Instagram. But it's not the media calling those shots ...
5d
on MSN
Why Meta went MAGA: Inside Mark Zuckerberg's reset with Donald Trump
With Republicans back in control of both chambers of Congress and calling for new regulation of Big Tech, the Meta CEO is ...
6d
on MSN
Mark Zuckerberg's content-moderation changes come after a long line of nightmares
Content moderation has always been a pit of despair for Meta. And now, Mark Zuckerberg's "apology tour" seems to be ...
Hosted on MSN
21h
Mark Zuckerberg makes bold accusations against big tech rival
Mark
Zuckerberg
has been busy recently ... His company has recently been in focus for its
Meta
Ray-Ban smart glasses, ...
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