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Meta And Microsoft Are Cutting ‘Low Performers’

  • Meta plans to cut 5% of its lowest-performing employees as part of a strategy to 'raise the bar,' according to a memo from CEO Mark Zuckerberg.
  • The cuts will affect about 3,600 jobs, based on Meta's employment of 72,000 people as of September last year.
  • Microsoft is also making performance-based job cuts targeting underperforming employees, as reported by Business Insider.
  • Zuckerberg stated that the company aims to ensure it has the 'strongest talent' and will provide 'generous severance' to affected employees.
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