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Meta to Cut 5% of Staff
Meta says 5% staff cut is critical to further AI, social media
Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, Zuckerberg confirmed that Meta was shifting its strategy to "move out low performers faster" so that Meta can hire new talent to fill those vacancies this year.
Meta to Cut 5% of Staff as Mark Zuckerberg Says He Will ‘Raise The Bar’
Chief Executive Mark Zuckerberg said the cuts are necessary as the company builds ‘the most important technologies in the world.’
Meta CEO Mark Zuckerberg says the company will be cutting low-performers 'faster' as a way to 'raise the bar'
The Meta chief wrote in a post on Workplace, the company's internal forum, that the company will be doing "more extensive performance-based cuts."
Meta is planning to cut 5% of lowest performers, memo shows
Meta Platforms Inc. is planning to cut about 5% of its lowest performers with the intent of backfilling their roles this year, according to an internal memo sent to employees. “I’ve decided to raise the bar on performance management and move out low-performers faster,
Meta Layoffs 2025: Mark Zuckerberg to take action against 'low performers' - THESE many jobs cut ahead
Meta employed around 72,000 people, meaning the 5% reduction could impact roughly 3,600 jobs. Zuckerberg emphasized the need to "raise the bar on performance management and move out low-performers faster.
4h
Meta Lawyer Quits AI Case Citing Zuckerberg 'Descent' (Correct)
California attorney Mark Lemley dropped Meta Platforms Inc. as a client in a high-profile copyright case because of CEO Mark ...
8h
on MSN
Meta plans to cut 5% of its workforce, focusing on the lowest performers. Read the memo Mark Zuckerberg sent to staff.
The Meta chief wrote in a post on Workplace, the company's internal forum, that the company will be doing "more extensive ...
2h
on MSN
Facebook Parent Meta Platforms To Lay Off 5% Of Staff; CEO Mark Zuckerberg Warns Of "Intense" Year Ahead
Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of ...
2h
on MSN
Meta execs obsessed over beating OpenAI’s GPT-4 internally, court filings reveal
Executives and researchers leading Meta's AI efforts obsessed over beating OpenAI's GPT-4 model while developing Llama 3, ...
3d
on MSN
Mark Zuckerberg says AI could soon do the work of Meta's midlevel engineers
Mark Zuckerberg told Joe Rogan that Meta will eventually reach a point where all coding for its apps is done by AI.
1h
Meta to trim 5% of its workforce, focusing on underperformers — Mark Zuckerberg says the move will "raise the bar" on performance management
And now, Meta is joining the fray with plans to make performance-based cuts, slated to impact approximately 5% of its ...
4d
on MSN
Mark Zuckerberg named in lawsuit over Meta’s use of pirated books for AI training
A group of authors, including Ta-Nehisi Coates and Sarah Silverman, alleged in a court filing that Meta CEO Mark Zuckerberg ...
1d
AI will do the job of mid-level engineers in 2025 at Meta, says Mark Zuckerberg
Meta CEO said that he could see AI evolving to the point where it can function as mid-level engineers, capable of writing ...
Futurism on MSN
1d
Zuckerberg Announces Plans to Automate Facebook Coding Jobs With AI
Meta CEO Mark Zuckerberg said that the company will likely release an AI model that acts as a "midlevel engineer" this year.
1h
on MSN
Elon Musk, Jeff Bezos and Mark Zuckerberg to attend Trump's inauguration
Elon Musk, Jeff Bezos and Mark Zuckerberg will attend President-elect Donald Trump’s inauguration on Monday, according to an ...
3d
on MSN
Mark Zuckerberg defends Meta’s latest pivot in three-hour Joe Rogan interview
Meta CEO Mark Zuckerberg defended his decision to scale back Meta's content moderation policies in a Friday appearance on Joe ...
Hosted on MSN
22h
Mark Zuckerberg makes bold accusations against big tech rival
Mark
Zuckerberg
has been busy recently ... His company has recently been in focus for its
Meta
Ray-Ban smart glasses, ...
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