The layoffs come as Mark Zuckerberg pushes to remake his company for the Trump era and prepares to co-host a gala for the ...
Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...
Meta's workforce stood at approximately 72,000 employees, meaning a 5% cut could impact around 3,600 positions.
Meta has announced plans to lay off approximately five percent of its workforce. The move, outlined in a memo, is part of a ...
When companies cut jobs, many resort to language like "rightsizing" to try to soften the blow. It doesn't work.
Meta plans to lay off 5% of its workforce in 2025 for underperformance, aiming to be more agile. Over 3,600 employees are ...
Meta specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a company ...