Meta to fire thousands of staff as Zuckerberg warns of ‘intense year’
Business,Economy And Jobs,Technology,Mark Zuckerberg,Meta,Facebook,Instagram,Social Media
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Meta, the owner of Facebook, WhatsApp and Instagram, is to cut about 5% of its global workforce, with its poorest-performing employees most likely to leave.
In a memo to staff, the chief executive, Mark Zuckerberg, said he had decided to “move out low-performers faster”, ahead of what he said would be an “intense year”, and would be accelerating the company’s usual performance management system.
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