Meta assured affected employees that they would receive 'generous severance' packages. The decision aligns with Zuckerberg’s ongoing 'Year of Efficiency' initiative, which aims to streamline operations and optimise costs.

Meta is cutting jobs as part of its goal to reach 10 per cent “non-regrettable” attribution by the end of the current performance cycle, as per the memo.

The decision, shared in an internal memo by CEO Mark Zuckerberg, focusses on improving overall performance by moving out those not meeting expectations more quickly than before.

Nishikant Dubey's remarks came after Zuckerberg in a podcast with American TV host Joe Rogan earlier claimed, "The reaction to COVID probably caused a breakdown of trust in a lot of governments around the world.

Mark Zuckerberg lands in trouble, Meta likely to get Parliamentary Panel summons over 2024 Lok Sabha election remark.

The International Fact-Checking Network warned that countries vulnerable to misinformation could face political instability, election interference, and even violence if such policies were adopted more broadly. Zuckerberg defended his approach in the interview, but it has continued to draw widespread attention and concern.

Meta notified employees Tuesday that it plans to lay off the lowest-performing 5% of its staff, or roughly 3600 people. Why it matters: It's the third round of major layoffs at Meta in the past three years.

Top boss Mark Zuckerberg is planning to let go about 5% of the lowest performers at Meta Platforms (NASDAQ:META), according to an internal memo sent by him to company employees, which was seen by Bloomberg.

Seeking an apology from social media giant Meta for "tarnishing" India's image, BJP MP Nishikant Dubey, who heads the Parliament's Standing Committee on Communications and Information Technology, said