Tech giants like Meta and Amazon reduced workforce amid economic caution. In 2024, 542 companies cut 151,484 jobs, reflecting ...

Meta is planning a wave of performance-based job cuts that will reportedly impact around 5% of the company’s workforce.

According to an internal memo, Meta plans to cut 5% of its workforce in February. What's ahead for the parent of Facebook - ...

The number of Americans applying for unemployment benefits rose last week, but layoffs remain historically low and the job ...

Meta announced a 5% workforce cut as part of its performance review strategy, aligning with its "year of efficiency" ...

Meta has undergone significant restructuring since 2022, beginning with the layoffs of approximately 11,000 jobs. In 2023, ...

After stirring up controversy by scrapping its fact-checking team and easing up on content moderation, Meta is now trimming ...

While Meta’s rumored plan to cut the lowest-performing 5% may aim to foster a culture of excellence, the potential pitfalls underscore the importance of a balanced approach. Strong leadership, clear ...

News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff ...

Meta is set to lay off over 3,600 employees, or roughly 5% of its “lowest performers.” In an internal memo posted on the ...

Meta will cut approximately 5% of its workforce, focusing on low performers. The company plans to notify affected employees ...

Shares of Meta Platforms ( META 4.33%) rose today as the social media giant benefited from a cooler-than-expected inflation ...