Meta to cut 5% of staff as Mark Zuckerberg targets 'low performers': memo
Briefly

from New York Post1 month ago
In a memo to employees on Meta's internal message board, Zuckerberg indicated that the company would hire new workers this year to replace the ousted employees.
New York Posthttps://nypost.com/2025/01/14/business/meta-to-cut-5-of-staff-as-zuckerberg-targets-low-performers-memo/
Zuckerberg said he was raising the bar for performance at Meta, indicating an increase in the rigor of performance management and a quicker process for managing out low performers.
New York Posthttps://nypost.com/2025/01/14/business/meta-to-cut-5-of-staff-as-zuckerberg-targets-low-performers-memo/
Meta will 'provide generous severance' to the impacted workers, as part of an effort to manage performance more aggressively going forward.
New York Posthttps://nypost.com/2025/01/14/business/meta-to-cut-5-of-staff-as-zuckerberg-targets-low-performers-memo/
The cuts are part of an ongoing shakeup at Meta that has been playing out over the last several weeks, indicating a broader strategic overhaul.
New York Posthttps://nypost.com/2025/01/14/business/meta-to-cut-5-of-staff-as-zuckerberg-targets-low-performers-memo/
Read at New York Post
#meta #workforce-reduction #performance-management #job-cuts #corporate-strategy
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