Posted on 01/14/2025 4:20:57 PM PST by dayglored
* Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing workers, 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.”
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.
(Excerpt) Read more at cnbc.com ...
It's notable that these cuts indicate interest in ... dare we say it... "merit"?
If somebody has a link that's not behind a subscription/paywall, please post it in the comments. Thanks.
Lets see....
Could that be H1B employees
Or maybe DEI salackers....inquiring minds seek to know.,
All of the above?
He told Rogan et al he was moving away from censorship towards an X-like Community Notes model. That would seem to open things up for elimination of a *lot* of DEI censors.
5% is not *intense*.
So Musk has been schooling all of Silicon Valley with the hatchet he took to Twitter! Way to go, Elon! Teaching them things they don’t learn in B-School!
“DEI salackers”
Did you mistype “salamanders”?
“Meta is set to cut about 5% of its workforce”
They don’t have a workforce. They have a wokeforce.
This may be an attempt to rectify the situation.
Seems like the other big two want to be in the Elon Club.
H-1B visas, replacement theory is real.
Let’s not be nattering nabob of negativism! Our hardworking, skilled, swarthy guests may bring over fascinating new additions to our culture—like the Kailrubba Dung Flinging festival in southern India.
It’s a lot like a snowball fight, just a lot smellier.
Meta (Facebook) fired me because my job performance was in the Bottom 5%.
Women and minorities hardest hit?
EC
Yeah, not exactly a resume enhancer.
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