Meta to cut 5% of staff as Mark Zuckerberg targets ‘low performers': memo
1. Meta plans to cut 5% of its workforce to improve performance. 2. Approximately 3,600 employees may be affected by the layoffs. 3. Zuckerberg emphasizes raising performance standards at Meta. 4. Post-layoffs, Meta will hire new workers to fill positions. 5. Ongoing changes include an end to DEI initiatives at Meta.