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News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them. Bloomberg ...
Meta's layoffs were first reported by Bloomberg News earlier on Tuesday. (Reporting by Jaspreet Singh in Bengaluru; Editing by Devika Syamnath) Show comments. Advertisement. Advertisement.
Meta plans to cut 5% of its workforce, or about 3,600 workers, with the social media giant focusing on eliminating low-performing employees. The layoffs, earlier reported by Bloomberg News, were ...
The parent company of Facebook and Instagram has carried out numerous layoffs, starting with its first round in November 2022, when more than 11,000 employees were laid off. Months after this, the ...
Meta said U.S. employees impacted by the cuts would be notified by February 10 and promised "generous severance" in line with previous rounds of layoffs, per Bloomberg.
Microsoft is gearing up for another round of layoffs. The $3.1 trillion technology giant will be carefully examining and considering underperforming employees in its upcoming job cuts, two people ...
Firms announced 55,597 layoffs last month, down 23.7% from the 72,821 announced in September, outplacement firm Challenger, Gray and Christmas said. Layoffs would have been even lower last month ...
Gordon is a lawyer by trade who worked at Meta prior to joining Google as a privacy program manager eight months before the 2023 layoffs.. I was at a coffee shop with my husband when a news alert ...