Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being ...
Meta rebranded performance-based layoffs as ‘non-regrettable attrition’
The tech giant is cutting thousands of employees in a round of performance-based layoffs. Here’s why that could cost Meta, ...
2025 Layoffs: Meta, Microsoft, And BlackRock Join The Trend Amid AI Shift
While workforce cuts raise concerns, the tech sector is poised for significant growth, with jobs in big data, fintech, and AI ...
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be ...
Meta to lay off 5% of workforce, about 3,600 employees, in performance-based cuts
According to Bloomberg, Zuckerberg made the announcement via a company memo posted on the company's internal Workplace forum this week.
Meta To Lay Off More Than 3,600 Employees As CEO Mark Zuckerberg Axes ‘Low Performers’
Meta is set to lay off over 3,600 employees, or roughly 5% of its “lowest performers.” In an internal memo posted on the ...
Meta layoffs: Facebook parent company cutting 5% of workforce, focusing on 'low performers'
Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.
Meta Makes 'Intense Year' Forecast And Big Layoffs
Meta Platforms is looking to cut its headcount by 5%, which shows the efficiency drive by the management. Read why META stock ...
How a 'low performer' label can make things worse for laid-off workers
Experts say such labels can create additional barriers for laid-off employees searching for new jobs.
The linguistic somersaults Meta and other companies use to disguise how job cuts are coming
When companies cut jobs, many resort to language like "rightsizing" to try to soften the blow. It doesn't work.
Meta sends mixed signals as quarterly sales beat estimates but outlook muted
Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first ...
USA Today15d
Meta layoffs: Facebook parent company cutting 5% of workforce, focusing on 'low performers'
Meta is planning on cutting about 5% of its ... Reuters reported. The layoffs come after the company scrapped its U.S. fact-checking program last week and reduced curbs on discussions around ...