CM Ibrahim to take over as JD(S) State President tomorrow
Bengaluru: Member of Vidhan Parishad K N Thippeswamy on Saturday said that former minister and former MLC CM Ibrahim will take over as the State President of JD(S) on April 17.
Addressing a press conference earlier today he said, “The current state president and MLA HK Kumaraswamy will take over as the Parliamentary Board President from tomorrow after making way for Ibrahim as the state president. The ceremony will commence tomorrow at 10:15 am at the party office here in J P Bhavan”.
Party national president H D Deve Gowda, former chief minister H D Kumaraswamy and others will be present during the event, he added.
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Bloomberg reports Meta will lay off 5 per cent staff
Washington, Jan 15: News reports say that social media company Meta Platforms is planning to cut 5 per cent 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 per cent of staff would amount to 3,600 people, Bloomberg said on 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 US who will be affected will be notified on February 10, while those in other countries will be informed later, Bloomberg said.
