The Meta logo is seen at the Vivatech show in Paris, France, June 14, 2023. (AP Photo/Thibault Camus, File)
NEW YORK (AP) --
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them.
Bloomberg News reported that Meta CEO Mark Zuckerberg made the announcement in an internal note to employees, saying he wants to “raise the bar on performance management and move out low-performers faster.”
Meta employs about 72,000 people, according to recent filings, so cutting 5% of staff would amount to 3,600 people, Bloomberg said Tuesday. The Menlo Park, California-based company owns Facebook, Instagram, WhatsApp and Threads.
The company declined to comment Wednesday but said that Bloomberg’s reporting was accurate.
Workers in the U.S. who will be affected will be notified on Feb. 10, while those in other countries will be informed later, Bloomberg said.
Melissa Rivers appears at the premiere of "Lucy and Desi" in Los Angeles on Feb. 15, 2022. (Photo by Richard Shotwell/Invision/AP, File)
Melissa Rivers recalled how swiftly the California wildfires spread, forcing the county's Ready, Set, Go evacuation plan to essentially skip straight to "Set." That left her with little time to gather her most valued possessions before fleeing her home.
When the final warning arrived, Rivers said Tuesday, "The fire was still a canyon away, but you could clearly see the flames."
In the rush to evacuate, she quickly gathered her pets and a few sentimental items, including her late mother Joan Rivers ' Emmy Award. "I grabbed both my parents' watches and my dad's dress watch," which she had given to her son Cooper for his 18th birthday.
She also managed to pack a few pieces of clothing. "All our belongings are crammed into three tote bags, three large canvas bags, and several Macy's plastic bags along with a CVS bag," she said.
The fire completely devastated her property. "We lost everything. The only thing that survived is our front gate and the barbecue," Rivers shared.
She described the scale of destruction as unimaginable.
"It's so much more than just the homes — it's an entire town wiped off the map," she said. "Many businesses in Palisades were family-owned. There are people who not only lost their homes but also their businesses and livelihoods."
Finding safe shelter has been another challenge.
"We've had to move three times due to evacuations, but we've settled at a friend's house in Santa Monica," Rivers said. "They've been kind enough to take us in, along with another family we're friends with."
Rivers copes with these challenges through her self-proclaimed "dark sense of humor" and her knack for making people laugh. She also finds solace in supporting others who are struggling, which helps to... Read More
