Social media company Meta Platforms has begun efforts to reduce its current staff by 5% and start fresh with new workers.

Meta Platforms is set to issue layoff notices globally, targeting the bottom 5% of performers. Despite the job cuts, the ...

Meta faced employee backlash after performance-based layoffs, affecting around 3,600 positions. Many workers, including those ...

Meta, the parent company of Facebook, Instagram, and WhatsApp, has begun a new round of layoffs as part of its ongoing effort ...

Silicon Valley has entered a harsher new era, and Meta's laid-off tech workers have sounded off about the culture shift on ...

Meta, the American multinational technology company formerly known as Facebook, announced that it will lay off approximately ...

The layoffs, set to begin today at 5 a.m. local time, are part of Meta’s initiative to “raise the bar on performance ...

Social media giant is expected to implement global layoffs from February 10, where some European employees are exempt.

Meta CEO Mark Zuckerberg has positioned the layoffs as part of the company’s broader push for greater efficiency.

The COVID-19 pandemic created an unprecedented hiring boom in the tech industry, with companies rapidly expanding to meet the ...

Meta, the parent company of Facebook, will conduct 'performance terminations' this week and cut roughly 5% of its staff.