Meta cuts 5% of jobs to lose 'lowest performers'
Meta, the owner of Facebook, Instagram and WhatsApp, is preparing to cut about 5% of its global workforce, as the company looks to drop "low performers faster". In a memo to staff, boss Mark Zuckerberg said he had made the decision to speed up the firm's regular performance-based cuts in anticipation of an "intense year".
Microsoft, Meta
Facebook parent company Meta has announced another round of layoffs. Mark Zuckerberg is planning to fire 3,600 employees.
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Meta will make performance-based cuts, slated to impact approximately 5% of its workforce based on performance. The company ...
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