'Scarlet Letter on Our Backs': Meta Says Its Job Cuts Targeted 'Low Performers,' But Some Terminated Workers Have a 'Solid' Track Record
Meta began layoffs for U.S. workers at 5 a.m. PT on Monday, letting workers know if they were still employed via emails. The ...
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Meta begins ‘performance-based’ layoffs; employees with positive performance ratings also dismissed
Meta Platforms, on Monday, February 10, began terminating employees deemed "low-performing," notifying affected staff via email as it reshapes its workforce to stay competitive in the artificial ...
Meta lays off 4K workers in performance-based spree — as some claim they received glowing reviews just last year: report
Meta CEO Mark Zuckerberg carried out his promised performance-based job cuts this week — but laid-off staffers said they received high performance reviews just last year.
Hedge Funds Are Pocketing Much of Their Clients’ Gains With ‘No Limit’ Fees
A Bloomberg analysis of the major hedge funds’ regulatory filings shows their passthrough fees have exploded in recent years.