Meta Platforms to cut roughly 5 per cent of staff, targeting lowest performers

Quick Summary:

As of September, Meta employed about 72,000 people, so a 5 per cent reduction could affect roughly 3,600 jobs.

Now, he is taken on a different tone.

Zuckerberg had declared 2023 the company’s “year of efficiency” and announced plans then to eliminate 10,000 positions.

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Article Details

Author / Journalist: Bloomberg

Category: Technology

Markets: Hong Kong

Topics: According Cuts Company Performance-based Zuckerberg Internal Year Performance Cent Meta People

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 11:40:08 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 361 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 25168113

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Official Website: scmp.com

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Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 5 hours ago

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Publisher ID: #41

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