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Meta's 3600 employees' jobs in danger, Zuckerberg said - new people will be hired
Meta Layoff: Zuckerberg said that I have decided to raise the standard of performance management and fire the low performers. The purpose of the manpower cut is to ensure that the company has the strongest talent and is able to bring in new people.
Meta has prepared to lay off 3600 employees; in their place, the company can hire new people. Those who are not doing well, in the company will fire. The company owns Facebook, Instagram, and WhatsApp, and five percent of the total workforce is the target for a decision made by CEO Mark Zuckerberg. As of September, the number of employees working in Meta is about 72,400.
Zuckerberg said that I have decided to raise the standard of performance management and fire the low performers. The purpose of the manpower cut is to ensure that the company has the strongest talent and is able to bring in new people.
Performance-based dismissal is a common practice in major US companies. Microsoft announced similar cuts last week, affecting less than one percent of its employees, according to the report. The layoffs come amid sweeping changes at Meta ahead of Donald Trump's return to the White House on January 20.
