Company reveals plans to cut about 5% of its global workforce days after saying it would get rid of factcheckers
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.
Company reveals plans to cut about 5% of its global workforce days after saying it would get rid of factcheckersBusiness live – latest updatesMeta, 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. Continue reading…
Discover more from Stay Updated
Subscribe to get the latest posts sent to your email.