Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of an “intense” year ahead. Meta had roughly 72,000 people, so a 5% reduction ...

The layoffs will remove 5 percent of Meta's workforce as an effort to 'move out low performers faster' in preparation for 'an intense year,' said CEO Mark Zuckerberg.

Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.

Meta, formerly known as Facebook, will reduce its workforce by approximately 5 percent by letting go of its "lowest ...

According to Bloomberg, Zuckerberg made the announcement via a company memo posted on the company's internal Workplace forum ...

FILE - An iPhone displays the Facebook app, Aug. 11, 2019, in New Orleans. (AP Photo/Jenny Kane, File)(Jenny Kane / AP) Meta ...

Meta has undergone significant restructuring since 2022, beginning with the layoffs of approximately 11,000 jobs. In 2023, ...

Layoffs: Meta Platforms plans to cut about 3,600 jobs, part of CEO Mark Zuckerberg's initiative to enhance operational ...

Meta is the parent company of Facebook, Instagram, and WhatsApp ... Zuckerberg calls it an "intense year" ahead.The layoffs are a part of his so-called "intense year." So what to expect from this news ...

Meta Platforms is looking to cut its headcount by 5%, which shows the efficiency drive by the management. Read why META stock ...