Meta to cut roughly 5 percent of staff, targeting lowest performers
As of September, Meta employed about 72,000 people, so a 5 percent reduction could affect roughly 3,600 jobs. “I’ve decided to raise the bar on performance management and move out low-performers faster,” chief executive Mark Zuckerberg said in the note posted to an internal message board and reviewed by Bloomberg News.
The decision to retreat from its attempts to stem a rising tide may not pay off for the business, and it could spell bad news ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
Despite nudify apps being against Facebook and Instagram policy, one app company keeps advertising on Meta's platforms.
Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...
The TikTok ban got an OK from the Supreme Court. But Meta stock was lower Friday amid last-ditch efforts to save TikTok.
Meta Platforms ( META -1.22%) received some discouraging news from the highest court in our land Monday, and investors ...
Meta stands to be one of the largest beneficiaries of a TikTok ban in the US, analysts say. Through ad dollars alone, Meta ...
A new report details how a covert influence operation linked to the Kremlin continued to place ads on Facebook despite U.S. and E.U. prohibitions on doing business with the organization.
According to data from S&P Global Market Intelligence, the stock jumped 65% last month. As you can see from the chart below, ...
Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of ...
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