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

The business world has a history of coming up with polite terms to couch unpleasantness. In the past, when it comes to job ...

Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first ...

Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns ...

Meta Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday but the company predicted sales in the ...

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 ...

According to Bloomberg, Zuckerberg made the announcement via a company memo posted on the company's internal Workplace forum this week.

Meta announces low performers will be cut. Zuckerberg wrote in a post on Workplace, the company’s internal forum, that the company would begin making cuts based on performance during the year ...

Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.

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

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 ...