Meta announces 5% cuts in preparation for ‘intense year’ — read the internal memo

[edjr 6,580]

https://www.cnbc.com/2025/01/14/meta-targeting-lowest-performing-employees-in-latest-round-of-layoffs.html

Quote

 

Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.

CEO Mark Zuckerberg informed employees about the decision to “move out low performers faster” in a memo posted on the company’s internal Workplace forum on Tuesday. Zuckerberg told employees 2025 will “be an intense year.”

The company specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a company director. Meta has more than 72,000 employees, according to its most recent quarterly report.

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

Bloomberg was first to report the cuts, citing an internal memo.

 

The economy is fine stupid. 

[kilroy69 1,247]

This is a realization by Zuck that AI is not where they need it to be in order for it to a game changer in tech. He had planned on cutting the bottom 5 percent and then replacing them with AI. That went out the window when he was told that AI simply cannot do the job of 3k coders. So now he is going to cut his dead weight and flood the market with them 

[Hardcore troubadour 15,403]

A lot of them probably post on message boards for much of their workday. 

[edjr 6,580]

18 minutes ago, Hardcore troubadour said:

A lot of them probably post on message boards for much of their workday. 

 

[DonS 3,292]

Curious if the "low performers" coincide with some of the folks that were hired during the DEI frenzy the past few years?

[kilroy69 1,247]

46 minutes ago, DonS said:

Curious if the "low performers" coincide with some of the folks that were hired during the DEI frenzy the past few years?

I would bet it is a combo of those people and the ones who do not want to return to the office. 

[DonS 3,292]

20 minutes ago, kilroy69 said:

I would bet it is a combo of those people and the ones who do not want to return to the office.