The company said in a memo sent to its employees on Tuesday that the layoffs would be based on performance ratings.

Mark Zuckerberg said Meta plans to make more extensive performance-based cuts." Staff have questioned how they will work in ...

Meta is planning to lay off about 5 percent of its workforce by targeting the company’s lowest performers in preparation for ...

Bay Area tech giant Meta intends to cut thousands of workers, as Mark Zuckerberg announced plans to cull "low-performers" ...

Meta will soon lay off more “low-performers” across the company, according to an internal memo from CEO Mark Zuckerberg that ...

Meta's recently announced cuts come after several restructuring efforts by the social media giant in recent years.

Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according ...

By Quentyn Kennemer, a writer who helps The Verge's readers save money by surfacing the best tech deals and presenting the ...

Meta, the owner of Facebook, Instagram and WhatsApp, is preparing to cut about 5% of its global workforce, as the company ...

Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...

Meta, the parent company of Facebook and Instagram, is cutting the lowest-performing 5% of its workforce and plans to fill ...

Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, ...