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Meta, performance-based
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 cuts 5% of jobs to lose 'lowest performers'
Meta, the owner of Facebook, Instagram and WhatsApp, is preparing to cut about 5% of its global workforce, as the company looks to drop "low performers faster". In a memo to staff, boss Mark Zuckerberg said he had made the decision to speed up the firm's regular performance-based cuts in anticipation of an "intense year".
Meta is cutting 5% of its ‘lowest performers’
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.
Meta to cut roughly 5% of its workforce based on performance
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 in an internal memo to staff.
Meta plans to make performance-based cuts — read Mark Zuckerberg's memo
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."
6h
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
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 ...
41m
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, ...
4h
on MSN
Zuckerberg plans Meta layoffs as company culls ‘low performers’ faster
Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a ...
1h
Zuckerberg Announces Layoffs After Saying Coding Jobs Will Be Replaced by AI
Meta CEO Mark Zuckerberg has announced sweeping layoffs of what he refers to as "low-performers." According to an internal ...
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.
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 ...
4d
Lawsuit says Mark Zuckerberg approved Meta's use of pirated materials to train Llama AI
Meta allegedly used copyrighted journals, books and other materials from the LibGen dataset to train its Llama AI models.
2d
Mark Zuckerberg is said to have allowed AI training with pirated copies
In a US legal dispute over the training of AI models, statements have come to light that incriminate Meta CEO Mark Zuckerberg ...
3h
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 ...
Hosted on MSN
20h
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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