Zuckerberg Announces Layoffs After Saying Coding Jobs Will Be Replaced by AI

Quick Summary:

According to an internal company-wide memo obtained by Bloomberg, the Facebook owner is cutting around five percent of its staff based on performance.

Instead, Meta wants to replace what Zuckerberg claims to be employees "who aren't meeting expectations over the course of a year" with those who do.

  Meta CEO Mark Zuckerberg has announced sweeping layoffs of what he refers to as "low-performers".

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Article Details

Author / Journalist: Victor Tangermann

Category: Technology

Markets: United States

Topics: Layoffs The digest Misinformation Mark zuckerberg Hate speech Future Society Meta

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 21:14:45 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © Futurism

News ID: 25163721

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Official Website: futurism.com

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News Last Updated: 14 hours ago

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