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Meta targeting lowest-performing employees in latest round of layoffs
Meta is set to cut about 5% of its workforce, focusing on the company's lowest-performing workers, CNBC confirmed Tuesday. Another 5% of the 2024 employee base "who have been with the company long enough to receive a performance rating" will also be cut,
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 to cut roughly 5% of staff, targeting lowest performers
The move comes just after Mark Zuckerberg announced Meta would eliminate fact-checking.
Meta cuts 5% of jobs to lose 'lowest performers'
Meta, the owner of Facebook, Instagram and WhatsApp, is preparing to cut about 5% of its global workforce, as the company looks to drop "low performers faster". In a memo to staff, boss Mark Zuckerberg said he had made the decision to speed up the firm's regular performance-based cuts in anticipation of an "intense year".
Meta is cutting 5% of its ‘lowest performers’
Meta is aiming to cut about 5% of what it calls its “lowest performers” with plans to backfill those roles later this year, the company confirmed on Tuesday.
Meta to Cut 5% of Its Workers in New Round of Layoffs
The company said in a memo sent to its employees on Tuesday that the layoffs would be based on performance ratings.
10h
on MSN
Mark Zuckerberg announces plan to slash thousands of 'low-performers' from Meta
Meta plans to push out thousands of “low-performers” next month, in Bay Area tech’s first massive job cut of 2025. CEO Mark ...
1d
China considers selling TikTok U.S. operations to Musk, Bloomberg reports
The Chinese government is considering a plan for Elon Musk to acquire TikTok’s U.S. business, Bloomberg News reported on ...
Recycling Today
22h
Nucor could be part of Cliffs’ next US Steel bid, reports say
Joint bid for U.S. Steel assets would have Cleveland-Cliffs acquiring blast furnace mills and Nucor taking over Big River ...
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