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Meta, Mark Zuckerberg
Meta CEO Mark Zuckerberg says the company will be cutting low-performers 'faster' as a way to 'raise the bar'
The Meta chief wrote in a post on Workplace, the company's internal forum, that the company will be doing "more extensive performance-based cuts."
Zuckerberg plans Meta layoffs as company culls ‘low performers’ faster
Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a memo viewed by The Post.
Meta to trim 5% of its workforce, focusing on underperformers — Mark Zuckerberg says the move will "raise the bar" on performance management
And now, Meta is joining the fray with plans to make performance-based cuts, slated to impact approximately 5% of its workforce based on performance. According to an internal memo exclusively obtained by Bloomberg, Meta CEO Mark Zuckerberg indicated:
Meta cutting 'low performers' in latest round of layoffs
Meta has had several rounds of layoffs to adjust its staffing after it hired aggressively during the pandemic. Earlier this year, it cut several jobs in Reality Labs after letting go of 11,000 employees in 2022. Last year, another 10,000 jobs were cut as CEO Mark Zuckerberg deemed 2023 a "year of efficiency."
Meta to layoff around 3,600 in 'performance-based cuts'
The layoffs will remove 5 percent of Meta's workforce as an effort to 'move out low performers faster' in preparation for 'an intense year,' said CEO Mark Zuckerberg.
Zuckerberg says Meta will lay off more ‘low-performers’
Meta will soon lay off more “low-performers” across the company, according to an internal memo from CEO Mark Zuckerberg that was shared by a source at the company. “I’ve decided to raise the bar on performance management and move out low-performers faster,
Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles
Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday.
'Year of intensity': Meta employees react to plans to cut low performers
Mark Zuckerberg said Meta planned to make more extensive performance-based cuts." Staffers questioned how those would work.
Meta to Cut 5% of Staff as Mark Zuckerberg Says He Will ‘Raise The Bar’
Chief Executive Mark Zuckerberg said the cuts are necessary as the company builds ‘the most important technologies in the world.’
Meta is planning to cut 5% of lowest performers, memo shows
Meta Platforms Inc. is planning to cut about 5% of its lowest performers with the intent of backfilling their roles this year, according to an internal memo sent to employees. “I’ve decided to raise the bar on performance management and move out low-performers faster,
7h
on MSN
Facebook Parent Meta Platforms To Lay Off 5% Of Staff; CEO Mark Zuckerberg Warns Of "Intense" Year Ahead
Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of ...
8h
on MSN
Meta expected to lay off 5 percent of workforce ahead of ‘intense year’
Meta is planning to lay off about 5 percent of its workforce by targeting the company’s lowest performers in preparation for ...
11h
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a company ...
4h
Donald Trump inauguration: Meta CEO Mark Zuckerberg set to cohost reception with billionaire Republican donors
Meta CEO Mark Zuckerberg is cohosting a reception with billionaire Republican donors next week for Donald Trump's ...
2d
CEO of left-leaning fact-checker says government at fault for censoring Hunter Biden laptop, not fact-checkers
Snopes CEO Chris Richmond said the government was at fault for the censoring of the Hunter Biden laptop story in 2020, and ...
8h
on MSN
Meta's 5 Percent Layoffs Loom—What Is Mark Zuckerberg's Salary, Net Worth?
Meta's recently announced cuts come after several restructuring efforts by the social media giant in recent years.
1d
on MSN
Top Meta official blasts CEO Mark Zuckerberg for ‘buckling to political pressure’ by scrapping censorship as advertisers express concern
Decision to end the platform’s fact-checking program is raising questions about brand safety on the $1.5 trillion tech ...
22h
on MSN
Everything Meta has changed in the last week in its shift to the right
Meta CEO Mark Zuckerberg has dramatically steered the company to the right ahead of the inauguration of President-Elect ...
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