The article discusses Meta CEO Mark Zuckerberg’s plans to fire low-performing employees as part of a broader trend in the tech industry. Zuckerberg reportedly told employees that the company will become “leaner and meaner” and that there are “probably a bunch of people at the company who shouldn’t be here.” This follows similar moves by other tech giants like Amazon, Microsoft, and Twitter to cut costs and improve efficiency. The article cites a report by The Wall Street Journal that Meta plans to fire thousands of underperforming employees starting in 2023, with the goal of becoming a “better technology company” by 2025. Zuckerberg’s comments suggest that Meta is shifting its focus to prioritize efficiency and performance over rapid growth, a departure from its previous strategy. The article notes that this trend of layoffs and cost-cutting measures is becoming more common in the tech industry as companies face economic headwinds and increased competition.
Source: https://www.businessinsider.com/meta-mark-zuckerberg-plan-fire-low-performers-tech-trend-2025-1