Thursday, July 10, 2025

Creating liberating content

Bitcoin climbed to new all-time high on Thursday, building on

X Corp’s CEO Linda Yaccarino looks on during the Senate

Content creator Rachel D’Cruz transformed an Indian sofa cover into

Related News

Bitcoin climbed to new all-time high on Thursday, building on its previous record reached just a day earlier, as investors jumped into risk assets and liquidated short positions. The price

X Corp’s CEO Linda Yaccarino looks on during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Nathan Howard

Content creator Rachel D’Cruz transformed an Indian sofa cover into a stunning backless dress, showcasing creativity and patience. The DIY project, initially estimated to take 30 minutes, evolved into a

The average long-term mortgage rate in the US edged higher this week, ending a five-week streak of easing borrowing costs that had offered some relief to prospective homebuyers.According to mortgage

Omar Marques | Lightrocket | Getty Images Microsoft‘s Outlook email service malfunctioned for several hours Wednesday and Thursday, prompting some people to post on social media about the inability to

RBI Governor Sanjay Malhotra on Thursday briefed the Parliamentary Standing Committee on Finance on the state of the Indian economy, assuring lawmakers that the country was performing well despite global

Trending News

Investor confidence in India’s unlisted securities market has taken a hit after HDB Financial Services’ Initial Public Offering was priced significantly below grey market expectations. The impact has rippled across

The rupee ended 3 paise higher at 85.70 against the US dollar on Thursday, supported by optimism over a possible US-India trade deal, even as equity markets closed in the

US stocks started on a cautious note Thursday despite a surge in airline shares led by Delta Air Lines, which posted strong quarterly results and raised its outlook for the

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old US cereal company WK Kellogg in a deal valued at approximately $3.1 billion. The Ferrero Group

Unemployment benefit claims in the United States dipped last week,falling to a historically healthy range over the past couple years. These figures offer another sign of strength in the country’s

Companies that rank highest on diversity are delivering a clear financial edge, with a new study showing that inclusive firms recorded nearly 50% more profit after tax (PAT) than their

Meta Employees Slam Layoffs, Say Move Was Not “Performance Driven”

Word Count: 326 | Estimated Reading Time: 2 minutes



Following another round of layoffs at Meta, employees are publicly criticizing the company’s leadership regarding the selection process. Despite Meta’s claims of “performance-based layoffs,” numerous employees allege they were terminated despite having a history of meeting performance expectations.

“The hardest part is Meta publicly stating they’re cutting low performers, so it feels like we have the scarlet letter on our backs,” an employee told Business Insider on the condition of anonymity. “People need to know we’re not underperformers.”

On Blind, an anonymous platform for verified tech employees, a recently laid-off Meta employee reported that individuals with nearly a decade of experience were among those terminated. The user claimed that “dozens of people with pristine history and exceeds rating” who had taken parental or medical leave were also laid off, questioning the legality of such actions. The post described the decision as “cruel,” stating that many long-tenured employees (8-10 years) with multiple “AE” ratings were “ruthlessly axed,” suggesting that financial considerations, rather than performance, were the driving factor. The user cautioned against joining the company, alleging that CEO Mark Zuckerberg “doesn’t care about his employees. Only the company.”

“Meta is now the cruelest tech company out there,” wrote a third Meta employee.

Adding to the discussion, an Amazon employee remarked that Meta now seems to cater only to young workers without families-those who can focus solely on making money.

Earlier this month, Meta announced plans to lay off over 3,000 employees, primarily targeting those with low performance ratings. CEO Mark Zuckerberg confirmed the move, stating that the company aims to “raise the bar on performance” and remove underperformers more quickly.

The job cuts impact roughly 5% of Meta’s workforce, which stood at 72,400 employees as of September. Zuckerberg has already cautioned that 2024 and 2025 will be “challenging years” for the company. While Meta continues to push forward with AI and metaverse projects, these layoffs highlight the growing pressure even tech giants face to remain profitable and efficient.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account