Meta to Cut 5% of Staff

Meta plans to cut 5% of its workforce, focusing on the lowest performers. Read the memo Mark Zuckerberg sent to staff.
The Meta chief wrote in a post on Workplace, the company's internal forum, that the company will be doing "more extensive performance-based cuts."
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Zuckerberg says Meta will lay off more ‘low-performers’
Meta will soon lay off more “low-performers” across the company, according to an internal memo from CEO Mark Zuckerberg that was shared by a source at the company. “I’ve decided to raise the bar on performance management and move out low-performers faster,
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Meta employed around 72,000 people, meaning the 5% reduction could impact roughly 3,600 jobs. Zuckerberg emphasized the need to "raise the bar on performance management and move out low-performers faster.
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