Social media company Meta Platforms has begun efforts to reduce its current staff by 5% and start fresh with new workers.

Meta, the parent company of Facebook, will conduct 'performance terminations' this week and cut roughly 5% of its staff.

Meta has initiated another round of performance-based job cuts after announcing it via an internal memo last month. As ...

Meta’s move is part of a larger trend of job reductions across the tech sector. Major companies like Google, Microsoft, ...

The layoffs, set to begin today at 5 a.m. local time, are part of Meta’s initiative to “raise the bar on performance ...

M eta, the parent company of Facebook, WhatsApp, and Instagram, will reportedly begin issuing layoff notices starting today, ...

Meta CEO Mark Zuckerberg has positioned the layoffs as part of the company’s broader push for greater efficiency.

Social media giant is expected to implement global layoffs from February 10, where some European employees are exempt.

Meta Platforms is set to issue layoff notices globally, targeting the bottom 5% of performers. Despite the job cuts, the company is aggressively hiring for AI and machine learning roles.

This move aligns with CEO Mark Zuckerberg's strategy to "raise the bar on performance management" and focus on efficiency, as ...

Meta, the American multinational technology company formerly known as Facebook, announced that it will lay off approximately ...