The news has resulted in low employee morale and many worries.
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“This is going to result in us making some tough decisions to wind down projects in some places, to shift resources away from some teams,” she added. CEO of Meta Mark Zuckerberg has dubbed 2023 Meta’s “year of efficiency,” and has set ambitious plans to communicate that theme to employees during performance reviews.This has reportedly resulted in heightened anxiety and low morale among workers at the Menlo Park, California-based company. Concerns have also risen over whether employees would receive their bonuses, which are set to be distributed this month, if they lose their jobs beforehand.
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