Meta is poised for another round of layoffs, with CEO Mark Zuckerberg announcing a strategic focus on “low performers” within the organization. According to an internal memo shared with The Verge, extensive cuts are planned as part of this cycle.
“I’ve decided to raise the bar on performance management and move out low-performers faster,” Zuckerberg stated in the memo. The new approach entails quicker performance-based layoffs, with roles expected to be backfilled in 2025.
While the exact number of employees affected remains uncertain, sources suggest that approximately 5 percent of Meta’s workforce will be impacted, with layoffs set to commence on February 10.
Here’s Zuckerberg’s full memo:
In the memo, Zuckerberg highlighted Meta’s dedication to developing crucial technologies, including AI, innovative computing platforms like smart glasses, and the future landscape of social media. He emphasized the necessity of having top-tier talent to achieve these ambitious objectives.
“Letting employees go is always a tough decision,” Zuckerberg acknowledged, yet he expressed optimism that these changes would ultimately fortify the company’s workforce. “I’m confident this will strengthen our teams and help us build leading technology to enable the future of human connection,” he asserted.
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As Meta continues to refine its focus and streamline its operations, the tech giant is making it clear that maintaining high performance standards is a priority. The upcoming changes may pave the way for a more agile and capable workforce, ready to tackle the challenges ahead.
