Meta to fire thousands of staff as Zuckerberg warns of ‘intense year’

Meta to fire thousands of staff as Zuckerberg warns of ‘intense year’

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.

Continue reading…   

​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.

Author: admin

Leave a Reply