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2mo ago

Meta Cuts 3,600 Jobs, Citing Performance Concerns

The layoffs, accounting for 5% of Meta's workforce, have drawn criticism from employees disputing the 'low performer' label.

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A photograph taken during the World Economic Forum (WEF) annual meeting in Davos on January 19, 2025, shows the logo of Meta, the US company that owns and operates Facebook, Instagram, Threads, and WhatsApp.
Mark Zuckerberg at the UFC 298 event on February 17, 2024, in Anaheim, California.

Overview

  • Meta has laid off 3,600 employees, or 5% of its workforce, as part of its ongoing push for efficiency and focus on AI initiatives.
  • CEO Mark Zuckerberg framed the layoffs as performance-based, stating the company is raising standards and removing 'low performers' more quickly.
  • Some laid-off employees, including those with strong performance reviews, have publicly challenged the 'low performer' characterization on platforms like LinkedIn and Reddit.
  • Reports suggest managers may have included higher-rated employees in the layoffs to meet reduction targets, sparking further criticism.
  • Meta's focus on efficiency comes as it continues to invest heavily in AI and other future technologies, despite ongoing financial pressures from its metaverse projects.