NULL 32°
Tag:

Wall Street Journal

Business
Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports
Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports Meta will cut thousands of employees in the latest move for the controversial company that owns platforms like Facebook and Instagram, according to reports. An internal memo sent to Meta workers said five percent of low-performing employees will be terminated, Bloomberg News reported. The company that also owns WhatsApp and Threads has more than 72,000 employees, according to Meta's most recent quarterly report. A five-percent reduction would mean about 3,600 people could lose their jobs. "I've decided to raise the bar on performance management and move out low-performers faster,…

SHARE

by Chris Spiker
Business
Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says
Meta Drops Fact-Checking Program Ahead Of Trump's White House Return, Company Says Meta is dismantling its third-party fact-checking program in the U.S. and aims to bring back political content as President-elect Donald Trump prepares to return to the White House, the company said. Meta CEO Mark Zuckerberg announced the changes in a video statement on Tuesday, Jan. 7. The company that owns Facebook, Instagram, WhatsApp, and Threads, will replace its fact-checking program with a Community Notes system similar to the one implemented on X (formerly Twitter). Zuckerberg said the new system's goal is to reduce bias and restore free expression. "Fact-checkers have be…

SHARE

by Chris Spiker
News
Prisoner Swap: First Photo Shows New Jersey WSJ Reporter In Release From Russian Captivity Prisoner Swap: First Photo Shows New Jersey WSJ Reporter In Release From Russian Captivity
Prisoner Swap: First Photo Shows New Jersey WSJ Reporter In Release From Russian Captivity Evan Gershkovich is a free man.  The 32-year-old New Jersey native was among three United States residents released from prison in Russia in on Thursday, Aug. 1, in what's being called the biggest prisoner swap between since 1991. Gershkovich, former U.S. Marine Paul Whelan, and radio journalism Alsu Kurmasheva, were the prisoners released to American soil. The massive swap freed more than two dozen prisoners from six different countries. A photo shared by President Joe Biden to X shows the former hostages smiling, and proudly displaying an American flag, on an airplane. "…

SHARE

by Jon Craig & Cecilia Levine