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.

Meta is planning a wave of performance-based job cuts that will reportedly impact around 5% of the company’s workforce (via Bloomberg). Meta CEO Mark Zuckerberg announced the news in an internal ...

Now, Meta’s rumored move to dismiss the lowest-performing 5% of its workforce signals a modern iteration of this philosophy. While Meta’s exact rationale remains unclear, the strategy aligns with a ...

Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday. CEO Mark Zuckerberg has also warned ...

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 Platforms Inc. reportedly plans to reduce approximately 5% of its workforce, targeting its "lowest performers," while intending to recruit for the affected positions later this year, a company ...

Meta plans to lay off 5% of its workforce in 2025 for underperformance, aiming to be more agile. Over 3,600 employees are expected to be let go, with new hires replacing them throughout 2025.

Stocks rose broadly on good inflation news. Meta is planning to lay off 5% of its workforce. The stock would benefit from a TikTok ban set to go into effect this weekend. Stocks were up broadly ...

Meta is planning on cutting about 5% of its workforce, with a specific focus on the company's lowest-performing employees. A Meta spokesperson confirmed the news in an emailed statement to USA ...

There are massive plans for Meta this 2025 where its products will see significant enhancements and upgrades, and one of the steps that the company is taking towards it is laying off 5 percent of ...