Meta to Cut 5% of Its Workers in New Round of Layoffs
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Meta is set to lay off 5% of its workforce, with decisions based on performance ratings, as part of a new round of layoffs.
January 14, 2025 | 7:45 pm
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Meta is laying off 5% of its workforce, targeting employees based on performance ratings. This move is part of a new round of layoffs.
The layoffs could lead to short-term cost savings and potentially improve operational efficiency, which might be viewed positively by investors. However, it could also indicate internal challenges, affecting employee morale and productivity. The market may react positively due to cost-cutting measures.
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