Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Publishing timestamp: 2025-01-14 16:45:50
Summary
Meta is set to cut about 5% of its workforce, focusing on the lowest-performing employees. CEO Mark Zuckerberg informed employees about the decision, stating that 2025 will be an intense year. The company specified that they are "exiting approximately 5% of our lowest performers." This move follows several major operational changes within Meta. Last week, Zuckerberg announced the end of the third-party fact-checking program in favor of a new model.
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Keywords: technology, donald j. trump, business, internet, elon musk, business news, breaking news: technology, mark zuckerberg, meta platforms inc,