Meta layoffs have begun: Facebook parent firm to start firing thousands of employees based on performance. Check details

economictimes.indiatimes.com:

Meta is expected to carry out «performance terminations» this week, which will roughly cut 5% of its staff and replace them with machine learning engineers, according to the tech company and multiple reports.

ALSO READ:Is 2025 a year of layoffs? Why Google, Amazon, Microsoft, Meta and other US tech giants have cut jobs? Explained

Meta is cutting thousands of jobs: 10 points you need to know

-Meta is slashing around 4,000 jobs, affecting about 5 percent of its workforce. Employees were informed through an internal memo on Friday, according to an internal memo obtained by Business Insider.

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