Meta is planning to slash roughly 5% of its staff this year in a move aimed at weeding out under-performers, CEO Mark Zuckerberg revealed on Tuesday. In a memo to employees on Meta’s internal ...

Meta said that it's planning to reach 10% of "non-regrettable" attrition before the end of its current performance cycle. That figure includes about 5% non-regrettable attrition from 2024 ...

Meta Platforms ($META) is expected to release its quarterly earnings data on Wednesday. You can see Quiver Quantitative's $META stock page to track data on insider ...

Image Credit: Reuters Meta has announced plans to lay off about 5% of its workforce, focusing on employees who are deemed to be low performers. This decision is part of CEO Mark Zuckerberg’s broader ...

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 ...

Meta Platforms announced plans to reduce approximately 5% of its workforce to remove low-performing employees amid what it describes as “an intense year,” according to an internal memo ...

Anticipating that 2025 will be an "intense year" requiring rapid innovation, Mark Zuckerberg reportedly announced that Meta would be cutting 5 percent of its workforce—targeting "lowest performers." ...

Meta Platforms traded as high as $705.30 and last traded at $700.84. Approximately 7,201,102 shares were traded during mid-day trading ... the company earned $5.33 earnings per share.

Champion’s memo indicates that Meta aims to achieve a 10% “non-regrettable attrition” rate by the end of the current performance cycle. This target combines last year’s 5% with an ...

Tech giant Meta announced plans to lay off about 3,600 employees based on their performance, US media reported on Tuesday. This will affect 5% of the company's 72,000-strong workforce, said the ...