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Meta carrying out performance-based layoffs starting Monday, cutting 5% of staff

  • Meta has started laying off nearly 4,000 employees, which is about 5% of its workforce, as part of CEO Mark Zuckerberg's efficiency push and AI investment.
  • Affected employees in the US, Europe, and Asia began receiving notifications, according to an internal memo obtained by Business Insider.
  • Zuckerberg stated that the layoffs are strictly performance-based, aiming to raise the bar on performance management.
  • Employees have expressed concerns about a culture of fear and uncertainty, with some comparing the work environment to a George Orwell novel.
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dev.by broke the news in on Monday, February 10, 2025.
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