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, were ...

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.

Facebook parent Meta on Tuesday announced that it's planning to cut back its workforce with the reductions focused on the lowest performers, according to an internal memo sent to Meta employees.

Mark Lemley, a Stanford law professor and lawyer who represented Meta in a 2023 AI copyright case, said he has dropped the company as a client because of what he described as CEO Mark Zuckerberg's ...

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 ...

Social media giant Meta is blocking links to a competing platform less than a week after the company said it was committing to free expression, raising questions about whether Mark Zuckerberg’s ...

Mark Zuckerberg told staff Tuesday that Meta would make "more extensive performance-based cuts." Last week, Meta said it would roll back DEI initiatives and get rid of third-party fact-checkers.

Prince Harry and Meghan Markle criticized Meta's decision to cut third-party fact-checking in the US and said the move would allow the spread of "hate, lies, and division" on its platforms.

Meta was attempting to stop a class action lawsuit against it for allegedly deceptive ad sales. The news came from no less an entity than the U.S. Supreme Court, which declined Meta's request to ...

By Jonathan Stempel (Reuters) -The U.S. Supreme Court declined on Monday to hear a bid by Meta Platforms to avoid a multi-billion dollar class action by advertisers that accused the Facebook and ...

Looking at two key players, Meta Platforms (META) and Alphabet (GOOGL), these picks should provide long-term benefits, but one currently provides more suitable growth and platform diversification ...