Job Cuts at Meta: Meta Platforms Inc. is preparing to announce layoffs impacting approximately 3,600 employees as a component of a performance review strategy aimed at underperforming individuals. This decision is part of CEO Mark Zuckerberg's strategy for a 'challenging year' centered on AI and innovation.
Impact on Employees: The layoffs, directed at underperforming employees, are forecasted to create tension among staff members, leading many to feel unsure about their job stability. The company intends to recruit new talent to take over these positions, highlighting a change in performance evaluation methods.