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0.000463931678959287 -0.000189359868963014 -0.00138232704342972 6.62759541369795E-05 -0.00222497846031482 -0.00802885844402997 -0.0131510428994784 -0.00614472774784841
Stock impact report

Mark Zuckerberg has cut 25,000 jobs at Meta since 2022. Here's what that says about his leadership [Fortune]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Fortune
hardest calls that I've had to make in the 18 years of running the company,” he said at the time. Recommended Video Including this first mass layoff, the company has dismissed a total of around 25,000 people across several divisions since 2022, with the most recent being a reported 700 layoffs affecting its Reality Labs unit this week. Following the 11,000 laid off in 2022, Meta cut another 10,000 jobs and began a hiring freeze during Zuckerberg's “year of efficiency” in 2023. At the same time, he has changed his tone, and experts say his inconsistent behavior is hurting employees still at the company. By early 2025, when he announced a 5% reduction in Meta's workforce affecting approximately 3,600 workers, Zuckerberg replaced empathy with cold business logic, saying in an internal memo the cuts were aimed at “low performers” and that he had raised the bar on “performance management.” “This is going to be an intense year, and I want to make sure we have the best people on ou Show less Read more
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