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Meta is reportedly laying off 3,600 employees
Mark Zuckerberg is doubling down on more cartoon villainy this week by proposing to lay off more than 3,600 employees — or roughly five percent of Meta 's "lowest performers." Of course, in true capitalist fashion, he plans to backfill those positions later this year.
Meta Laying Off Thousands to Prep for 'Intense' Year Ahead
Meta CEO Mark Zuckerberg is laying off about 5% of the company, or roughly 3,600 people, according to an internal memo shared with multiple news outlets this week. "This is going to be an intense year,
Bloomberg Reports That Meta Will Lay off 5% of Staff
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 announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a company director.
2h
on MSN
A lawyer says he dropped Meta as a client after what he called a 'descent into toxic masculinity' by Zuckerberg's company
Mark Lemley, who represented Meta in a copyright case, said he was no longer working for Mark Zuckerberg's company following ...
5h
on MSN
Mark Zuckerberg Preps for MAGA 2.0 by Culling Thousands of Meta Employees
New MAGA cheerleader Mark Zuckerberg will reportedly oversee the culling of 5 percent of Meta’s global workforce, with ...
MIT Technology Review
1h
Meta’s new AI model can translate speech from more than 100 languages
Meta has released a new AI model that can translate speech from 101 different languages. It represents a step toward ...
2h
on MSN
Meta's Instagram down for thousands of users in US, Downdetector shows
Meta Platforms's Instagram was down for thousands of users in the U.S. on Wednesday morning, according outage tracking ...
3h
on MSN
Meta is wooing the GOP. These Republicans aren’t buying it.
Republicans have heaped praise on Meta for eliminating its fact-checking program and scaling back its content restrictions ...
14h
on MSN
Inside Meta’s race to beat OpenAI: “We need to learn how to build frontier and win this race”
A trove of newly released documents reveals Meta’s plans to use book piracy site LibGen to train its AI models.
20h
Meta Is Ending Its DEI Programs, Replacing Them With… DEI Programs?
"What’s in a name?" was famously coined by Shakespeare. While Meta is 'ending' there DEI Programs, are they just being called ...
20h
Meta Stock Falls Amid Layoff News
Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...
18h
Meta to Cut 5% of Its Workers in New Round of Layoffs
The layoffs come as Mark Zuckerberg pushes to remake his company for the Trump era and prepares to co-host a gala for the ...
3h
Meta's Instagram down for thousands of users in the US, Downdetector shows
Meta Platforms's Instagram was down for thousands of users in the U.S. on Wednesday morning, according outage tracking ...
3h
Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles
Zuckerberg had also called 2023 the "Year of Efficiency" as Meta announced its decision to eliminate around 10,000 roles.
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