US EditionMeta to Cut 5% of Workforce Using Performance-Based Reviews
- Meta Platforms will cut about 5% of its workforce, affecting approximately 3,600 workers, as reported by a company spokesperson on Tuesday.
- CEO Mark Zuckerberg stated that the company will implement more extensive performance-based cuts to raise performance management standards, according to an internal memo.
- Meta has faced criticism for policy changes that appear to favor President-elect Trump and the incoming government, as noted by critics.
- The company recently ended its U.S. Fact-checking program and changed its hateful conduct policies, allowing previously banned content, as reported by CNN.
257 Articles
257 Articles
The Meta group (Facebook, Instagram) sends home the 3,600 least efficient employees. 'Let's raise the bar'
The Meta group (Facebook, Instagram, Whatsapp) intends to fire the 5% of its worst-performing employees. The 'kicked out' will then be replaced with new hires later in the year. The plan was the subject of a communication from CEO Mark Zuckerberg. “We aim to bring out another 5% of our current employees who have been with the company long enough to receive an evaluation of their performance,” Zuckerberg said. These are about 3,600 people, out of…
Meta is reportedly laying off 3,600 employees
Mark Zuckerberg is doubling down on more cartoon villainy this week by proposing to lay off more than 3,600 employees — or roughly five percent of Meta's "lowest performers." Of course, in true capitalist fashion, he plans to backfill those positions later this year."I've decided to raise the bar on performance management and move out low-performers faster," Zuckerberg said in an internal memo, according to Bloomberg. "We typically manage out pe…
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