Meta to fire thousands of staff as Zuckerberg warns of ‘intense year'

Meta, the owner of Facebook, WhatsApp and Instagram, is to cut about 5% of its global workforce, with its poorest-performing employees most likely to leave.In a memo to staff, the chief executive, Mark Zuckerberg, said he had decided to “move out low-performers faster”, ahead of what he said would be an “intense year”, and would be accelerating the company’s usual performance management system.Meta employed 72,000 people globally at the end of September, according to its latest financial report, meaning tha ...