Meta to lay off 3,600 employees; have decided to raise the bar, says Mark Zuckerberg
Wednesday, 15 January 2025 () 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 after the announcement, reflecting investor concerns about the company's direction.
Mark Zuckerberg's discussion on Joe Rogan's podcast revealed that U.S. intelligence agencies, including the CIA, have the capability to access WhatsApp messages, despite Meta's inability to do so. He..
Meta is cutting jobs as part of its goal to reach 10 per cent “non-regrettable” attribution by the end of the current performance cycle, as per the memo. Zee News
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... DNA