Meta Intensifies Layoffs, Targets "Low-Performers" as Zuckerberg Raises the Bar
Meta CEO Mark Zuckerberg announces new layoffs, targeting "low-performers" as the company raises performance standards.
Matilda
Meta Intensifies Layoffs, Targets "Low-Performers" as Zuckerberg Raises the Bar
Meta CEO Mark Zuckerberg has announced plans to accelerate the removal of "low-performing" employees, signaling a more stringent approach to performance management. In an internal memo shared with employees, Zuckerberg outlined a plan to conduct more extensive performance-based cuts during the current cycle, with the goal of backfilling these positions in 2025. This move follows Meta's previous rounds of layoffs, which saw the company shed 21,000 jobs between 2022 and 2023, including a significant reduction in October 2024. "I've decided to raise the bar on performance management and move out low-performers faster," Zuckerberg stated in the memo. "We typically manage out people who aren't meeting expectations over the course of a year, but now we're going to do more extensive performance-based cuts during this cycle." While the exact number of employees affected remains unclear, reports suggest that approximately 5% of the workforce will be i…