Meta Job Cuts
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Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
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Meta to Cut Roughly Five Percent of Staff, Targeting Lowest Performers
Meta Platforms Inc. is cutting roughly five percent of its staff through performance-based terminations. Affected workers in the US are expected to be notified on February 10, while those based in other countries will be informed at a later date, according to the memo.
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China’s Alibaba has Reportedly Slashed Jobs in Metaverse Division
Alibaba is slashing dozens of jobs from its metaverse division, as per a report by the South China Morning Post (SCMP). The report suggests that the job cuts from Alibaba’s Yuanjing unit are impacting teams in Shanghai and Hangzhou.
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Meta Lays Off Employees Across Units, At WhatsApp And Instagram: Report
Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter.
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Layoffs In US Soared 98% In 2023 And It Could Get Worse This Year, Report Claims
US companies planned 721,677 job cuts last year, a 98% jump from 363,832 layoffs reported in 2022, a new report published by professional outplacement firm Challenger, Gray & Christmas has revealed.
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Have Faith In Mark Zuckerberg's Leadership? 70% Facebook Employees Say No
Employee morale at the tech giant has plummeted after months of turmoil, including several rounds of layoffs resulting in more than 21,000 cuts, budget reduction and strategy changes as part of Mr Zuckerberg's plans for a "year of efficiency".
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Facebook Parent Meta Starts Final Round of Layoffs as Part of Plan to Cut 10,000 Roles
Meta Platforms started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles.
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Meta's 'Efficiency' Layoffs Left Staff In Limbo, "Anxious And Demotivated"
Meta Job Cuts: Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company's business departments.
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Meta Expects To Lay Off Almost 20% Of Irish Workforce
Meta Platforms Inc expects to cut around 490 jobs at its international headquarters in Dublin, or almost 20% of its Irish workforce, part of 10,000 global layoffs announced in March, the social media company said on Wednesday.
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Meta To Start Another Round Of Layoffs Next Week: Report
Meta has been marketing 2023 as a "year of efficiency" in an effort to improve its financial performance and achieve long-term goals.
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Meta Lays Off Engineers, Adjacent Tech Teams as Employees Express Frustration With Job Cuts
Meta on Wednesday cut more jobs as the Facebook parent firm laid off engineers and adjacent tech teams. The layoffs prompted expressions of frustration from Meta employees, who said the cuts had "shattered the morale and confidence in leadership of many high performers who work with intensity."
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"Why Should We Stay?" Meta's New Round Of Job Cuts Angers Employees
Meta Platforms Inc on Wednesday carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief Executive Mark Zuckerberg further moved to streamline the business in a bid to make 2023 a "year of efficiency."
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Meta to Announce Companywide Layoffs Across Facebook, Instagram and WhatsApp: Details
Meta has notified managers to prepare to announce job cuts on Wednesday, according to a company memo. The Facebook parent is set to lay off employees across divisions such as Facebook, WhatsApp, Instagram, and Reality Labs. The firm previously slashed about 13 percent of its workforce, or about 11,000 jobs, last year.
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Companies That Have Conducted Mass Layoffs In 2023. See List
Roughly 1,21,205 people have lost their jobs since the beginning of this year with 84,714 employees being laid off in January and 36,491 in February.
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FIFA Maker EA to Lay Off 6 Percent of Its Workforce, Will Incur Up to $200 Million in Related Charges
Electronic Arts said on Wednesday it would lay off about 6 percent of its workforce and reduce office space, making it the first major videogame publisher to announce job cuts.
-
Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
-
Meta to Cut Roughly Five Percent of Staff, Targeting Lowest Performers
Meta Platforms Inc. is cutting roughly five percent of its staff through performance-based terminations. Affected workers in the US are expected to be notified on February 10, while those based in other countries will be informed at a later date, according to the memo.
-
China’s Alibaba has Reportedly Slashed Jobs in Metaverse Division
Alibaba is slashing dozens of jobs from its metaverse division, as per a report by the South China Morning Post (SCMP). The report suggests that the job cuts from Alibaba’s Yuanjing unit are impacting teams in Shanghai and Hangzhou.
-
Meta Lays Off Employees Across Units, At WhatsApp And Instagram: Report
Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter.
-
Layoffs In US Soared 98% In 2023 And It Could Get Worse This Year, Report Claims
US companies planned 721,677 job cuts last year, a 98% jump from 363,832 layoffs reported in 2022, a new report published by professional outplacement firm Challenger, Gray & Christmas has revealed.
-
Have Faith In Mark Zuckerberg's Leadership? 70% Facebook Employees Say No
Employee morale at the tech giant has plummeted after months of turmoil, including several rounds of layoffs resulting in more than 21,000 cuts, budget reduction and strategy changes as part of Mr Zuckerberg's plans for a "year of efficiency".
-
Facebook Parent Meta Starts Final Round of Layoffs as Part of Plan to Cut 10,000 Roles
Meta Platforms started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles.
-
Meta's 'Efficiency' Layoffs Left Staff In Limbo, "Anxious And Demotivated"
Meta Job Cuts: Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company's business departments.
-
Meta Expects To Lay Off Almost 20% Of Irish Workforce
Meta Platforms Inc expects to cut around 490 jobs at its international headquarters in Dublin, or almost 20% of its Irish workforce, part of 10,000 global layoffs announced in March, the social media company said on Wednesday.
-
Meta To Start Another Round Of Layoffs Next Week: Report
Meta has been marketing 2023 as a "year of efficiency" in an effort to improve its financial performance and achieve long-term goals.
-
Meta Lays Off Engineers, Adjacent Tech Teams as Employees Express Frustration With Job Cuts
Meta on Wednesday cut more jobs as the Facebook parent firm laid off engineers and adjacent tech teams. The layoffs prompted expressions of frustration from Meta employees, who said the cuts had "shattered the morale and confidence in leadership of many high performers who work with intensity."
-
"Why Should We Stay?" Meta's New Round Of Job Cuts Angers Employees
Meta Platforms Inc on Wednesday carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief Executive Mark Zuckerberg further moved to streamline the business in a bid to make 2023 a "year of efficiency."
-
Meta to Announce Companywide Layoffs Across Facebook, Instagram and WhatsApp: Details
Meta has notified managers to prepare to announce job cuts on Wednesday, according to a company memo. The Facebook parent is set to lay off employees across divisions such as Facebook, WhatsApp, Instagram, and Reality Labs. The firm previously slashed about 13 percent of its workforce, or about 11,000 jobs, last year.
-
Companies That Have Conducted Mass Layoffs In 2023. See List
Roughly 1,21,205 people have lost their jobs since the beginning of this year with 84,714 employees being laid off in January and 36,491 in February.
-
FIFA Maker EA to Lay Off 6 Percent of Its Workforce, Will Incur Up to $200 Million in Related Charges
Electronic Arts said on Wednesday it would lay off about 6 percent of its workforce and reduce office space, making it the first major videogame publisher to announce job cuts.
