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Meta to cut 5% of jobs and shed “low performers faster”

January 14, 2025
in Business
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Meta to cut 5% of jobs and shed “low performers faster”
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Roughly 3,600 people could be affected this move. They will receive “generous severance”, he said.

The last big cuts at Meta came in 2023, when the company cut about 10,000 positions in a cost-cutting drive after Mr Zuckerberg declared it the “year of efficiency”. It cut about 11,000 roles in 2022.

Mr Zuckerberg also appears to be overhauling his own public image.

On a recent podcast with Joe Rogan, Mr Zuckerberg said he thought companies needed more “masculine energy” and discussed taking up martial arts, which he said he enjoyed because he felt he could more fully express himself, than in his corporate role.

“When you’re running a company, people typically don’t wanna see you being like this ruthless person who’s just like I’m gonna crush the people I’m competing with,” he said. “But when you’re fighting, it’s like no.”

“I think in some ways when people see me competing in the sport they’re like oh no, ‘That’s the real Mark.”

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