Meta Platforms (NASDAQ: META) has come under scrutiny for maintaining internal “do-not-rehire” lists that prevent certain former employees from returning to the company, even those with strong performance records. Reports indicate that managers have the discretion to add individuals to these lists without documented performance issues, leading to concerns about transparency and fairness. This practice has raised alarms about potentially diminishing Meta’s talent pool, especially as the company undergoes significant layoffs aimed at reducing “low-performing” staff by 5% to focus on artificial intelligence initiatives.
As of 1:42 PM EST on March 6, 2025, Meta’s stock was trading at $633.22, down $23.25 (3.54%) from the previous close.
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About Meta Platforms Inc.
Meta Platforms Inc. (NASDAQ: META), formerly known as Facebook, is a leading technology company specializing in social media and virtual reality products and services. Its platforms, including Facebook, Instagram, WhatsApp, and Oculus, connect billions of people worldwide, fostering communities and enabling businesses to grow. Committed to innovation, Meta is investing heavily in artificial intelligence and the development of the metaverse to build immersive digital experiences.
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