Meta is set to cut 5% of its workforce, impacting jobs in Dublin and beyond, as the company shifts its focus on performance management.
Dublin: Meta is making some big changes. They just announced job cuts that could affect their Dublin office. The company plans to reduce 5% of its global staff.
This means some folks in Dublin might be looking for new jobs soon. Meta hasn’t shared exact numbers yet, but it’s clear that changes are coming. They currently have over 2,000 employees in Ireland.
Mark Zuckerberg mentioned that they’ll be focusing more on performance management. If someone isn’t meeting expectations, they might be let go. But don’t worry, those affected will get generous severance packages.
The company is also dealing with some fines from the Data Protection Commissioner. Shares dropped by 2.3% after the news broke. It’s a tough time for many in the tech industry, and Meta is no exception.
So, if you’re in Dublin, keep an eye out for updates. It’s a changing landscape, and we’ll see how it all unfolds.
Image Credits and Reference: https://www.dublinlive.ie/news/dublin-news/meta-ireland-set-job-cuts-30787208
