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Meta CEO Mark Zuckerberg says the company will be cutting low-performers 'faster' as a way to 'raise the bar' Business InsiderMeta announces 5% cuts in preparation for 'intense year.' Read the internal memo CNBCMeta to cut 5% of staff based on performance AxiosMeta Is Planning to Cut 5% of Lowest Performers, Memo Shows Bloomberg
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Jennifer Piepszak will become chief operating officer of JPMorgan this summer, and said she would not seek the chief executive's job. The current C.O.O., Daniel Pinto, plans to retire.
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