Bloomberg reports that Meta will lay off 5% of staff | AP News
5 days ago · Meta employs about 72,000 people, according to recent filings, so cutting 5% of staff would amount to 3,600 people, Bloomberg said Tuesday. The Menlo Park, California-based company owns Facebook, Instagram, WhatsApp and Threads. The company declined to comment Wednesday but said that Bloomberg’s reporting was accurate.
Meta to Cut 5% of Its Workers in New Round of Layoffs
Jan 14, 2025 · The layoffs came days after Meta announced sweeping changes to its content moderation policies. The company, which owns Facebook, Instagram, WhatsApp and Threads, said it would no longer police ...
Meta announces 5% cuts targeting low performers. Read the memo
Jan 14, 2025 · Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.
Meta lays off employees across multiple teams - TechCrunch
Oct 16, 2024 · Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company.
Facebook owner Meta slashes business teams in final round of layoffs …
NEW YORK, May 24 (Reuters) - Meta Platforms Inc (META.O), owner of Facebook, slashed jobs across its business and operations units on Wednesday as it carried out its last batch of a...
Facebook parent Meta cuts 11,000 jobs, 13% of workforce
Nov 10, 2022 · Meta, which is the parent company to Facebook, is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday.
Meta lay-offs: Facebook owner to cut 10,000 staff - BBC
Mar 14, 2023 · Meta, which owns Facebook, Instagram and WhatsApp, has announced plans to cut 10,000 jobs. It will be the second wave of mass redundancies from the tech giant, which laid off 11,000 employees...
Meta Lays Off More Than 11,000 Employees - The New York Times
Nov 9, 2022 · Since Mark Zuckerberg founded Facebook in 2004, the Silicon Valley company has steadily hired more employees. At the end of September, it had amassed its largest-ever number of workers, totaling...
Meta is laying off 10,000 more employees in a series of cuts
Mar 14, 2023 · Meta will lay off an additional 10,000 employees through multiple rounds of cuts over the coming two months, close hiring for 5,000 open roles, and cancel more low-priority projects, CEO Mark...
Meta to Lay Off Another 10,000 Workers - The New York Times
Mar 14, 2023 · Meta, the owner of Facebook and Instagram, said on Tuesday that it planned to lay off about 10,000 employees, or roughly 13 percent of its work force, the latest move to hew to what the...
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