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Meta to lay off 3,600 employees; have decided to raise the bar, says Mark Zuckerberg
Credit: IndiaTimes- Published 4 hours ago
Meta plans to lay off approximately 3,600 employees identified as low performers to raise performance standards. CEO Mark Zuckerberg confirmed the move, emphasizing extensive performance-based cuts. Affected employees will be notified by February 10. This follows previous waves of job cuts and policy shifts. Meta's shares fell...
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The upcoming job cuts are part of Meta's initiative to achieve a 10% "non-regrettable" attrition rate by the end of the current performance cycle, according to...
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