Meta and Microsoft Trim the Fat: Targeting 'Low Performers' in Latest Layoffs
Meta and Microsoft have announced new rounds of layoffs targeting 'low performers,' with Meta letting go of 3,600 employees (5% of its workforce) and Microsoft cutting approximately 1% across various departments. This move follows their substantial previous layoffs, signaling a continued focus on performance-based workforce management. The tech industry is watching closely as these decisions may set precedents for future hiring practices.
Jan 17