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Meta announces a 5% cut for low performers. Read the memo


Meta CEO Mark Zuckerberg delivers the keynote speech during the annual Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., on September 25, 2024.

Manuel Arbegozo | Reuters

Meta CNBC confirmed on Tuesday that it plans to cut about 5% of its workforce, focusing on the least productive employees.

General director Mark Zuckerberg informed employees of the decision to “quickly fire poor performers” in a memo posted Tuesday on the company’s internal Workplace forum. Zuckerberg told employees that 2025 will be a “busy” year.

In a separate statement released by the company’s director, the company clarified that it is “leaving approximately 5% of our lowest performance.” According to the latest data, Meta has more than 72,000 employees quarterly report.

Meta said employees affected by the layoffs will be notified by Feb. 10 and will receive severance pay consistent with what the company previously provided. The cuts represent the largest layoffs at Meta since it eliminated 21,000 jobs, or nearly a quarter of its workforce, in 2022 and 2023.

Bloomberg first reported the cut with reference to internal memo.

The move follows several major operational changes at Meta aimed at forging closer ties to the president-elect Donald Trump.

Last week Zuckerberg announced Meta has discontinued its third-party fact-checking program in favor of the “Community Notes” model used on Elon Muskthe X platform, where individual users provide more context to posts.

“The recent election also marks a cultural tipping point toward re-prioritizing expression, so we’re going to go back to our roots and focus on reducing errors, simplifying our policies, and restoring free speech on our platforms,” ​​Zuckerberg said in a video announcement. .

Below is an internal Zuckerberg memo obtained by CNBC.

Meta works to create some of the most important technologies in the world. AI, glasses as the next computing platform and the future of social networks. It’s going to be a busy year and I want to make sure we have the best people on our teams.

I decided to raise the bar in performance management and weed out the underperformers faster. We typically manage people who don’t meet expectations throughout the year, but we’re now going to make broader performance-based cuts during this cycle with the intention of bringing those roles back in 2025. we will not manage anyone who has not met expectations in the last period when we are optimistic about their future performance, and those we let go we will give a generous severance package in line with what we provided in the previous cut.

Before calibration, we will provide additional guidance for supervisors. Affected people will be notified on February 10, or later for those outside the US

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