Meta to reduce low-productivity employees

12:05 - 16.01.2025


January 16, Fineko/abc.az. Meta plans to lay off 10% of its employees after reviewing its activities on February 5, ABC.AZ reports with reference to the Wall Street Journal.

The article notes that company's CEO, Mark Zuckerberg, said he would lay off employees with low productivity.

In 2023, Meta announced that it would cut 10,000 more employees to improve company's efficiency under difficult economic conditions.