Meta Has Caught The Layoff Bug Following Descent In Share Price

Last updated: June 9, 2025, 03:14

Meta Has Caught The Layoff Bug Following Descent In Share Price

Despite recent losses

The latest spree of job cuts has reportedly affected nearly 3,600 workers with one Meta employee claiming that she even received a 'exceeds expectations' in her review

A leaked internal memo revealed new layoffs at Meta commencing Monday, Feb. 10. This follows broader tech layoffs impacting employees globally. While Meta’s layoffs

Despite recent losses, Meta shares have gained about 22% since the beginning of 2025. Meta Platforms (META) shares dropped 2.4% to $432.62 Monday amid

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Meta

Meta’s recently announced that it will lay off 5% of its workforce, targeting those labeled as “low performers.” This isn’t surprising in today’s corporate climate, but, for

Meta Stock Falls Amid Reports of Layoffs and an EU Probe

Meta is facing backlash after laying off 3,600 employees, with former workers alleging they were unfairly targeted despite strong performance records, including those on

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Meta’s ‘low performer’ layoffs disputed by fired staffers and

What’s Really Behind Meta’s Recent Layoff Announcement?

The shift is a tone

Meta announced a 5% workforce reduction amid broader restructuring efforts. Shares dropped below $600 but remain in a long-term bull trend with a $700 price

The shift is a tone change from mass tech layoffs in recent years, which have largely been blamed on cost-cutting. Meta has said even it plans to replace workers who have