Author: phronews

In an internal memo sent out to employees on 14th of January 2025, Meta Platforms, Inc. announced a performance based cut of meta employees. It stated that the company sought to layoff 5% of its lowest performers from the US, Europe, Asia and Africa exempting Germany, France, Italy and the Netherlands. The memo further revealed that employees affected by layoffs in the US would be notified by February 10, 2025 with their severance pay; those in Europe, Asia and Africa are to receive theirs between February 11 and 18 2025. Germany, France, Italy and the Netherlands are exempt from the…