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Meta announces 5% cuts in preparation for 'intense year' — Read the internal memo

Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo Park, California, U.S. September 25, 2024.Manuel Orbegozo | ReutersMeta is set to cut about 5% of its workforce, focusing on the company's lowest-performing staffers, CNBC confirmed Tuesday.CEO Mark Zuckerberg informed employees about the decision to "move out low performers faster" in a memo posted on the company's internal Workplace forum on Tuesday. Zuckerberg told empl...

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