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.
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Bus helper held for stealing USD 1,600 from Iranian woman's purse in Delhi; money recovered
New Delhi (PTI): The Delhi Police has arrested a bus helper and recovered USD 1,600 that was allegedly stolen from the purse of an Iranian woman who had forgotten it on a private bus at ISBT Kashmere Gate, an official said on Sunday.
The incident came to light on December 15, when a complaint was lodged at the ISBT Kashmere Gate police post by Dr Ali Akbar Shah, a professor at Delhi University and a resident of Mukherjee Nagar, the police said.
He informed police that his guest, Fareshteh Sayanjali, an Iranian national, had arrived in India on December 13 and was staying at his residence, they said.
The woman had travelled to Uttarakhand's Rishikesh and was returning to Delhi on December 15 in a bus. While de-boarding at ISBT Kashmere Gate around 1.45 pm, she inadvertently left her purse on the bus seat, the police officer said.
After some time, she received a phone call from the bus operator informing her that the purse had been found in the vehicle. However, when the purse was handed back to her, she discovered that USD 1,600 in cash kept inside was missing," the officer added.
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Based on Dr Shah's statement, an FIR was registered at Kashmere Gate police station on December 16, and an investigation was taken up, police said.
During the investigation, the team questioned the driver and conductor of the bus in which the woman had travelled, police said.
During questioning, the conductor told police that Monish, the bus helper, found the purse lying abandoned on a seat and handed it over to him, police said.
Monish initially attempted to mislead the investigators, but later confessed to stealing the US dollars from the purse, police said
Following his disclosure, Monish was arrested on December 17 and recovered the entire stolen amount, police said.
The accused, Monish, 26, is a resident of Jahangirpuri in north Delhi.
He has studied up to Class 10 and has been working as a helper with the private bus service for the past year, they said.
