Meta Platforms Inc (NASDAQ:META) shares are trading lower. The company on Tuesday announced performance-based job cuts that ...

Meta said that it's planning to reach 10% of "non-regrettable" attrition before the end of its current performance cycle. That figure includes about 5% non-regrettable attrition from 2024 ...

Meta has revealed plans to reduce its workforce by 5%, targeting its lowest-performing employees as the company gears up for what CEO Mark Zuckerberg described as an "intense year" in 2025.

Meta is aiming to cut about 5% of what it calls its “lowest performers” with plans to backfill those roles later this year, the company confirmed on Tuesday. Those jobs cuts could affect about ...

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 ...

Meta META-0.59%decrease; red down pointing triangle plans to cut 5% of its workers in performance-based job cuts in the U.S. on Feb. 10, a step Chief Executive Mark Zuckerberg said is necessary as ...

In the latest trading session, Meta Platforms (META) closed at $611.30, marking a -0.94% move from the previous day.

Jan 14 (Reuters) - Meta Platforms (META.O), opens new tab will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday.

Meta is reducing its workforce by about 5% through performance-based terminations, Bloomberg reported on Tuesday. The company plans to hire new people to fill the roles, CEO Mark Zuckerberg said ...