Meta has announced performance-based layoffs to start on February 10, affecting employees across more than a dozen countries.

The company confirmed last month that it was planning to trim about 5 percent of its "lowest performers" and backfill at least some of the positions.

While no industry has been entirely immune, some have been hit harder than others. The technology sector, once a beacon of ...

The company had previously confirmed plans to cut about 5% of its workforce, targeting low-performing employees ...

Meta to initiate layoffs and expedite hiring of machine learning engineers as company makes strategic moves. Stock performing ...

Meta is laying off 3,000 employees on Monday as part of performance-based job cuts. Affected workers will receive emails and ...

Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next week while pushing ahead with the ...

Unlike previous company-wide layoffs, Meta plans to keep its offices open on Monday and will not provide further updates on ...

Notices will go out to employees losing their jobs starting at 5 a.m. local time Monday in most countries, including in the ...

Janelle Gale, Meta's Head of People, said notifications will be sent to employees losing their jobs from 5:00am local time on ...

Meta Platforms, the parent company of Facebook, is set to implement company-wide layoffs next week while simultaneously ...

A culture fight is playing out inside the social media giant. Also: DOGE inefficiency and more layoffs. During a Q&A with ...