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Bloomberg reports Meta will lay off 5 per cent staff

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..... Bloomberg reports Meta will lay off 5 per cent staff - PTI News Dated:- 15-1-2025 PTI - News - Bloomberg reports Meta will lay off 5 per cent staff - - - Dated:- 15-1-2025 - Washington, Jan 15 (AP) Ne .....

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..... ws reports say that social media company Meta Platforms is planning to cut 5 per cent of total staff this year by terminating staff based on performance and hiring new workers to replace them. Bloombe .....

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..... rg News reported that Meta CEO Mark Zuckerberg made the announcement in an internal note to employees, saying he wants to “raise the bar on performance management and move out low-performers faster". .....

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..... Meta employs about 72,000 people, according to recent filings, so cutting 5 per cent of staff would amount to 3,600 people, Bloomberg said on Tuesday. The Menlo Park, California-based company owns Fac .....

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..... ebook, Instagram, WhatsApp and Threads. The company declined to comment Wednesday but said that Bloomberg's reporting was accurate. Workers in the US who will be affected will be notified on February .....

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..... 10, while those in other countries will be informed later, Bloomberg said. (AP) PY PY - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.co .....

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..... m - TMI - TaxTMI - TMITax .....

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