Meta cutting 5% of workforce based on performance
Meta, the parent company of Facebook and Instagram, is cutting the lowest-performing 5% of its workforce and plans to fill those roles later this year, the company said in a memo.
Meta to cut roughly 5% of its workforce based on performance
Meta is reducing its workforce by about 5% through performance-based terminations, Bloomberg reported on Tuesday.
Meta layoffs: Facebook parent company cutting 5% of workforce, focusing on 'low performers'
Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.
Meta to cut roughly 5 percent of staff, targeting lowest performers
Meta Platforms Inc. is cutting roughly 5 percent of its staff through performance-based terminations and plans to hire new people to fill their roles this year, according to an internal memo sent to all employees “I’ve decided to raise the bar on performance management and move out low-performers faster,
Zuckerberg Targets Underperformers: Inside Meta's Latest 5% Workforce Cut
Facebook's parent business, Meta Platforms, intends to rehire the affected roles later this year but will lay off about 5% of its employees owing to poor performance.
Meta to cut 5% of workforce targeting 'lowest performers'
Summary: Meta is planning to cut approximately 5% of its workforce, or about 3,600 positions, in February. The cuts will be performance-based to “move out lowest performers faster” as it cited 2025 will be “an intense year.
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Meta to trim 5% of its workforce, focusing on underperformers — Mark Zuckerberg says the move will "raise the bar" on performance management
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Zuckerberg plans Meta layoffs as company culls ‘low performers’ faster
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Meta to cut 5% of workforce based on performance
CEO Mark Zuckerberg has also warned employees about more such job cuts this year to 'raise the bar' on performance management ...