Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.
Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns ...
The year may begin on a sour note for a lot of employees working at Meta as Mark Zuckerberg, the owner of the company that owns WhatsApp, Instagram and Facebook, has announced a massive layoff which ...
Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first ...
Meta, formerly known as Facebook, has signaled that it intends to lay off around 3,600 employees, or about 5 percent of its workforce, in the coming weeks. According to an internal statement from ...
According to Bloomberg, Zuckerberg made the announcement via a company memo posted on the company's internal Workplace forum this week.
Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.
Layoffs: Meta Platforms plans to cut about 3,600 jobs, part of CEO Mark Zuckerberg's initiative to enhance operational ...
Meta is planning on cutting about 5% of its ... Reuters reported. The layoffs come after the company scrapped its U.S. fact-checking program last week and reduced curbs on discussions around ...