Meta, the parent company of Facebook and Instagram, has announced plans to lay off 5% of its global workforce, focusing on employees deemed low performers. This decision, shared by CEO Mark Zuckerberg, is part of Meta’s ongoing strategy to improve efficiency and streamline operations amid fierce competition in the tech sector. Those affected by this decision are expected to be informed by February 10, following a thorough performance review. Although these layoffs will temporarily reduce the workforce, Meta intends to fill many of the affected positions later this year to…
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