Meta's workforce stood at approximately 72,000 employees, meaning a 5% cut could impact around 3,600 positions.
In an internal memo shared on Tuesday, Zuckerberg said he's raising the bar on performance management to "move out low ...
Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according ...
Meta CEO Mark Zuckerburg is co-hosting a black tie reception on Jan. 20 after President-elect Trump’s inauguration to ...
In short, he’s afraid, as is every other billionaire shapeshifter who has bent the knee of late. Zuckerberg can opine about ...
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff ...
Zuckerberg had also called 2023 the "Year of Efficiency" as Meta announced its decision to eliminate around 10,000 roles.
Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.
Firing low performers isn't standard in tech just yet — but that could change.
If you have $1,000 to commit to your portfolio now, two stocks that are no-brainer picks to buy with it right now are Nvidia ( NVDA 2.03%) and Meta Platforms ( META 3.93%). Both of these have been ...
When the curtain closed on 2024, investors were all smiles. The mature stock-driven Dow Jones Industrial Average, benchmark S ...
Billionaires Elon Musk, Jeff Bezos and Mark Zuckerberg will attend Donald Trump's inauguration next week, NBC news reported ...