Meta to cut roughly 5 percent of staff, targeting lowest performers
As of September, Meta employed about 72,000 people, so a 5 percent reduction could affect roughly 3,600 jobs. “I’ve decided to raise the bar on performance management and move out low-performers faster,” chief executive Mark Zuckerberg said in the note posted to an internal message board and reviewed by Bloomberg News.
The decision to retreat from its attempts to stem a rising tide may not pay off for the business, and it could spell bad news ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff ...
Despite nudify apps being against Facebook and Instagram policy, one app company keeps advertising on Meta's platforms.
Meta Platforms ( META -1.22%) received some discouraging news from the highest court in our land Monday, and investors ...
Key Takeaways A TikTok ban could go into effect in the U.S. on Sunday, leaving other companies to compete for its users’ ...
Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...
Meta stands to be one of the largest beneficiaries of a TikTok ban in the US, analysts say. Through ad dollars alone, Meta ...
The end of fact-checking at Meta is raising fresh concerns its platforms will become a hotbed of disinformation as the ...
Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of ...
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