Meta, the parent company of Facebook, will conduct 'performance terminations' this week and cut roughly 5% of its staff.

Social media company Meta Platforms has begun efforts to reduce its current staff by 5% and start fresh with new workers.

Investing in stocks that aren't performing well can be a good move, but only if there are good reasons to think they will recover. While it can be hard to separate the wheat from the chaff, let's consider three companies,

Meta has initiated another round of performance-based job cuts after announcing it via an internal memo last month. As Bloomberg reports, US-based employees being laid off were notified via email on Feb.