Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.

Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company ...

Meta's recently announced cuts come after several restructuring efforts by the social media giant in recent years.

Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of an “intense” year ahead. Meta had roughly 72,000 people ...

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.

Meta employs about 72,000 people, according to recent filings, so cutting 5% of staff would amount to 3,600 people, Bloomberg said Tuesday. The Menlo Park, California-based company owns Facebook, ...

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

Layoffs: Meta Platforms plans to cut about 3,600 jobs, part of CEO Mark Zuckerberg's initiative to enhance operational ...

Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of an “intense” year ahead. Meta had roughly 72,000 people, so a 5% reduction ...

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 ...