The cuts were announced in an internal memo seen by Reuters earlier on Thursday. BP shares were up 1% at 1200 GMT. Auchincloss last year said he would cut the British company's costs by at least $ ...
Meta, Facebook's parent company, plans to lay off roughly 5% of its lowest-performing employees this year, with roles to be backfilled in 2025, as per CEO Mark Zuckerberg's memo. This move is part ...
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In an internal memo, Zuckerberg revealed that the company will be making extensive cuts during this cycle. “I’ve decided to raise the bar on performance management and move out low-performers ...
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.
CEO Mark Zuckerberg informed employees about the decision to “move out low performers faster” in a memo posted on the company’s internal Workplace forum on Tuesday. Zuckerberg told ...
Meta is set to cut about 5% of its workforce, focusing on the company's lowest-performing workers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about the decision to "move out ...