Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of ...
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Meta, the parent company of Facebook and Instagram, is cutting the lowest-performing 5% of its workforce and plans to fill those roles later this year, the company said in a memo.
CEO Mark Zuckerberg has also warned employees about more such job cuts this year to 'raise the bar' on performance management ...
Meta's recently announced cuts come after several restructuring efforts by the social media giant in recent years.
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