Tag: Meta platforms

  • Amazon plans to lay off another 9,000 employees

    Chief Executive Andy Jassy said in a statement that the company has added a significant number of employees in recent years, a move he defended as necessary given what was happening in Amazon’s business at the time. “Given the uncertain economy we live in, and the uncertainty that exists for the foreseeable future, we have […]

  • Meta is planning new layoffs similar to last year’s

    Facebook Parental Meta Platforms Inc. META -1.20% plans to announce additional rounds of layoffs in the coming months that would total about the same as last year’s 13% headcount cut, according to people familiar with the matter. The new cuts, the first wave of which is expected to be announced next week, are likely to […]

  • Facebook Parent Meta gives thousands of employees substandard ratings

    Facebook Parental Meta Platforms Inc. META -2.66% gave thousands of employees subpar ratings in a recently completed round of performance reviews, a signal that more jobs may be cut, people familiar with the matter said. The company also cut a bonus metric, the people said, one of many steps senior executives are taking after CEO […]