Bloomberg reports that Meta will lay off 5% of staff | AP News
Jan 15, 2025 · 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 is cutting 5% of its workforce, or more than 3,600 employees
Jan 14, 2025 · 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...
Meta is laying off employees at WhatsApp, Instagram, and more
Oct 16, 2024 · Some Meta employees have started posting that they’ve been laid off. Among them is Jane Manchun Wong, who gained notoriety for reporting on unannounced features coming to apps before...
Meta lays off staff at WhatsApp and Instagram to align with …
Oct 17, 2024 · Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.” A Meta spokesperson confirmed in a statement that some teams were making changes to align with …
Meta lays off employees across multiple teams - TechCrunch
Oct 16, 2024 · In 2022, Meta laid off roughly 13% of its workforce, or 11,000 employees, for which CEO Mark Zuckerberg personally took responsibility. In 2023, Meta laid off another 10,000 employees and...
Meta Layoffs: Timeline of Company's Staff Cuts, Hiring Freezes ...
Oct 21, 2024 · Meta undertook what it dubbed its "year of efficiency" in 2023, laying off thousands of employees. So far, 2024 has seen its own share of cuts, and workers are facing a new culture of...
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...