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Meta to Cut 5% of Its Workers

Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it plans to cut 5% of its workers in performance-based job cuts in the U.S. next month.

Shacknews · 2d

Meta to layoff around 3,600 in 'performance-based cuts'

The layoffs will remove 5 percent of Meta's workforce as an effort to 'move out low performers faster' in preparation for 'an intense year,' said CEO Mark Zuckerberg.

The New York Times · 2d

Meta to Cut 5% of Its Workers in New Round of Layoffs

The company said in a memo sent to its employees on Tuesday that the layoffs would be based on performance ratings.

Albertsons to layoff corporate staff

Yahoo · 1d

Albertsons to layoff corporate staff following failed merger

The Miami Heat lost a tough game to the Los Angeles Clippers on Monday night, but at least veteran forward Kevin Love has a sense of humor about it. Love, 36, took to Instagram the morning after his team’s 109-98 loss, lamenting a third quarter in which the Clippers outscored the Heat, 36-20. “When someone

News Tribune · 1d

Albertsons lays off corporate employees across the company. Here’s what we know

Albertsons then announced that it was terminating the deal and suing Kroger for billions of dollars, accusing its former business partner of having “buyer’s remorse.” The spokesperson did not respond to a question Wednesday about how many employees were laid off.

Seeking Alpha on MSN · 1d

Albertsons plans corporate layoffs

Shares of Albertsons Companies (NYSE:ACI) are trading defensively for the first time in six days after the company said it was letting go of some of its corporate staff to “recalibrate the company to compete in a rapidly changing market.

6hon MSN

Bay Area biotech firm IGM Biosciences, once worth billions, guts staff with 73% layoff

IGM Biosciences is laying off 100 workers as it shuts down two research projects, causing the Mountain View company's stock ...

How To Turn A Layoff Into A Career Change Opportunity

Getting laid off can provide an opportunity to reinvent yourself. If you’re ready to embark on a career change, follow these ...

techtimes1d

Mark Zuckerberg Plans to Layoff 5% of Meta's Low-Performing Employees For Its Massive AI Focus

Meta is set to have layoffs starting off the year, and this is to expand more of their AI development as per its CEO.

Amazon to layoff over 400 workers at PGH center

Ben Affleck’s home was visited by FBI agents after he was forced to evacuate amid the Los Angeles wildfires. FBI agents and L ...

Sports Tak on MSN14h

Star Indian bowler with 172 ODI wickets starts training after injury-layoff days before Champions Trophy 2025

Halfway through the Test series against New Zealand, Kuldeep Yadav reported to the National Cricket Academy, and he has not ...

FierceBiotech13d

Big Pharma layoff rounds jump 281% in '24, but overall industry rates similar to '23

Overall, biopharma layoffs rose ever so slightly in 2024 compared to the year before, though the number of layoff rounds ...

inc4217h

Pocket FM To Fire 75 Staffers In Another Layoff Round

Pocket FM is undertaking yet another restructuring exercise, which will result in about 75 employees losing their jobs.

Clippers, back after fire-induced layoff, run past Heat

Norman Powell scored 29 points while James Harden and Ivica Zubac chalked up double-doubles as the Los Angeles Clippers ...

Daily Post Nigeria on MSN13h

Serie A: Ebuehi returns to Empoli training after injury layoff

Nigeria defender Tyronne Ebuehi has returned to full training at Serie A club, Empoli, DAILY POST reports. Ebuehi sustained a ...

1don MSN

Chiefs not worried about long layoff, ready for Saturday’s game against the Texans

On Saturday, the two-time defending Super Bowl champions will host the Houston Texans in the AFC Divisional Round of the NFL ...

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Meta to Cut 5% of Its Workers

Albertsons to layoff corporate staff

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