Target to cut 5% of jobs and weed out “underperformers” faster

About 3,600 people could be affected by the move. They will receive “generous severance pay,” he said.

The last major cuts at Meta took place in 2023, when the company cut about 10,000 jobs in a cost-cutting drive after Mr. Zuckerberg declared “the year of efficiency”. He threw out about 11,000 stakes in 2022.

It seems that Mr. Zuckerberg is also changing his public image.

In a recent podcast with Joe Rogan, Mr. Zuckerberg said he thought companies needed more “masculine energy” and discussed being involved in martial arts, which he said he enjoyed because he felt he could express himself more fully than in his corporate role.

“When you’re running a company, people usually don’t want to see you as this ruthless person who’s like, ‘I’m going to crush the people I’m competing with,'” he said. “But when you fight, it’s like no.”

“I think in some ways when people see me competing in sports they say oh no, ‘That’s the real Mark.’