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    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    Oil prices surge as US-Iran tensions reignite

    Oil prices surge as US-Iran tensions reignite

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    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

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    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

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    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    Oil prices surge as US-Iran tensions reignite

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    Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

    Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa CEO, CFO Receive 794,344 Long Term Incentives Shares Award

    MTN Group Advances Talks to Buy remaining  75% Stake in IHS Towers for $2.76B

    MTN Nigeria’s Long-Term Rating Upgraded to Aaa by Agusto & Co., Highest on National Scale

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    FG Orders Marketers to Cut Petrol Prices as Global Crude Crashes 40%

    • Nigeria
    • Africa
    • World
  • Economy
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    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    Oil prices surge as US-Iran tensions reignite

    Oil prices surge as US-Iran tensions reignite

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote, Marketers Cut Petrol Depot Prices as FG Pushes for Lower Pump Prices

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    46 Microfinance Banks Shut Down by CBN: See Full List

    Dangote Slashes Petrol Price to ₦1,125/Litre

    Dangote Slashes Petrol Price to ₦1,125/Litre

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Bill to prohibit foreign currency use in Nigeria scales first reading

    Nigeria’s Capital Importation Hits $10.37bn in Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Announces Currency Options for 4.26 Cents Final Dividend

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    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

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    UBA Board Names Emmanuel Nnorom as Elumelu’s Successor

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    Dangote, Marketers Cut Petrol Depot Prices as FG Pushes for Lower Pump Prices

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    Tony Elumelu Steps Down as UBA Chairman, Hands Reins to Emmanuel Nnorom

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    Caverton Offshore Extends Close period Due Audits Delay

    Airtel Africa Announces Total Voting Rights and Share Capital

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    Union Dicon Salt Plc Announces Urgent Public Notice Seeking Immediate Contact from Majority Shareholder Aims Limited

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    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

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    NGX Delists DN Tyre, Greif Nigeria from Official List

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    How Donald Trump won the 2024 U.S Presidential Election

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    Security features of the new naira notes revealed by the CBN

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    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

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Meta set to lay off employees in Africa, Europe, Asia

Sunday, 9 February 2025, 11:33 pm
in Business
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Meta set to lay off employees in Africa, Europe, Asia
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Meta, the parent company of Facebook, Threads, WhatsApp, and Instagram, is scheduled to implement another round of layoffs across its operations in Africa, Europe, and Asia starting Monday of next week. The company informed its employees of these plans in an internal memo that was seen by Reuters on Friday.

Notifications will be sent to employees who are being laid off starting at 5 AM local time on Monday in most countries, including the United States. This information was shared in a post by Meta’s Head of People, Janelle Gale. However, employees in Germany, France, Italy, and the Netherlands will be exempt from the layoffs due to local regulations.

Notifications for employees in over a dozen other countries across Europe, Asia, and Africa will be delivered between February 11 and February 18. Last month, Meta confirmed that it planned to reduce about 5% of its “lowest performers” and to refill at least some of those positions.

In the Friday memo, where Gale referred to the layoffs as “performance terminations,” she noted that, unlike previous company-wide layoffs, Meta intends to keep its offices open on Monday and will not provide additional updates on the decisions. Additionally, a separate memo by Peng Fan, the VP of Engineering for Monetization, mentioned the need for staff assistance with an expedited hiring process for machine learning engineers and other “business-critical” engineering roles.

This hiring process is set to take place between February 11 and March 13. Fan expressed gratitude in his post, stating, “Thank you for your continued support in helping us achieve our accelerated hiring goals and better align with our company’s priorities for 2025.”

Vivian Ifunanya Gerald

Administrator and Writer

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