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.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left2Leaning Right1Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 25%
R 25%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage