Meta is reducing its workforce by about 5% through performance-based terminations, Bloomberg reported on Tuesday. The company plans to hire new people to fill the roles, CEO Mark Zuckerberg said in an internal memo to staff. “I’ve decided to raise the bar on performance management and move out low-performers faster,” Zuckerberg said in the note. “We […] © 2024 TechCrunch. All rights reserved. For personal use only.