Meta, Bloomberg

Meta is reportedly laying off 3,600 employees
Mark Zuckerberg is doubling down on more cartoon villainy this week by proposing to lay off more than 3,600 employees — or roughly five percent of Meta 's "lowest performers." Of course, in true capitalist fashion, he plans to backfill those positions later this year.
Bloomberg Reports That Meta Will Lay off 5% of Staff
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them
Meta Platforms to lay off 5% of lowest performers, Bloomberg reports
EST Meta Platforms (META) to lay off 5% of lowest performers, Bloomberg reportsStay Ahead of the Market:Discover outperforming stocks and
Meta to cut roughly 5% of staff, targeting lowest performers
The move comes just after Mark Zuckerberg announced Meta would eliminate fact-checking.
Meta to Cut 5% of Staff With Eye on Lowest Performers, Memo Says
Meta Platforms Inc. is planning to cut about 5% of its lowest performers with the intent of backfilling their roles this year, according to an internal memo sent to employees.
Facebook-parent Meta to lay off 5% of 'lowest performers'
Meta Platforms Inc. is cutting roughly 5% of its staff through performance-based terminations and plans to hire new people to fill their roles this
Meta to cut 5% of workforce targeting 'lowest performers'
Summary: Meta is planning to cut approximately 5% of its workforce, or about 3,600 positions, in February. The cuts will be performance-based to “move out lowest performers faster” as it cited 2025 will be “an intense year.

Meta, Mark Zuckerberg and Stanford law school

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MIT Technology Review2h
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Zuckerberg had also called 2023 the "Year of Efficiency" as Meta announced its decision to eliminate around 10,000 roles.
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