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Internal memo: Meta is cutting roughly 5% of its staff through performance-based terminations and plans to hire new people to fill their roles this year (Riley Griffin/Bloomberg) from Techmeme RSS feed.
Internal memo: Meta is cutting roughly 5% of its staff through performance-based terminations and plans to hire new people to fill their roles this year (Riley Griffin/Bloomberg)
Riley Griffin / Bloomberg:
Internal memo: Meta is cutting roughly 5% of its staff through performance-based terminations and plans to hire new people to fill their roles this year — Meta Platforms Inc. is planning to cut about 5% of its lowest performers with the intent of backfilling their roles this year, according to an internal memo sent to employees.