Cloud-based software giant Salesforce is cutting 1,000 roles while hiring salespeople for AI, following in the footsteps of ...
Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.” ...
Following Meta's announcement ... told BI that public companies often use euphemistic language around job cuts to try to avoid spooking investors and raising concerns that the business is in ...
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are among those shedding staff.
Meta’s headcount at the end of September, the most recent period data is available for, was 72,404. Zuckerberg’s memo on the job cuts adds to a busy start to 2025 for the company. Notably ...
Following Meta's announcement ... Insider that public companies often use euphemistic language around job cuts to try to avoid spooking investors and raising concerns that the business is in ...
Meta is cutting approximately 5% of its 72,000 workers based on performance. "I’ve decided to raise the bar on performance management and move out low-performers faster,” Meta CEO Mark ...
Performance-based job cuts are common in corporate America. At Meta, they would normally unfold over the course of a year, Mr Zuckerberg said, but the process is being accelerated this year.
While more than 1,000 Salesforce employees will be looking for new jobs, the company is expanding roles within AI teams.
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 ...