Meta Platforms announced its intention to trim approximately 5% of its 'lowest performers' from its workforce. This move is part of an ongoing effort to enhance operational efficiency across the company.
Despite the layoffs, Meta plans to hire for the impacted roles throughout the year, indicating a strategic reallocation of talent. The company aims to optimize its workforce by focusing on high-performing individuals and critical skill sets.
This initiative underscores Meta's commitment to disciplined resource management and continuous improvement. The restructuring is expected to support the company's long-term strategic objectives, particularly in its core growth areas.
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