Meta is Not Laying People Off, It's Just Reducing Staff
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Earlier this summer, Mark Zuckerberg warned staff at Meta that the company would be "turning up the heat" on underperforming employees as it faced "one of the worst downturns that we've seen in recent history."
What he didn't reveal was the stealth-like ruthlessness of the hot new temperature. According to a Wall Street Journal report, the Facebook owner has been quietly pushing out staff through reorganizations, and even some unimpeachable talent is being let go.
Source Fool.com
