Meta to lay off 5% of 'lowest performers'

Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles
Zuckerberg had also called 2023 the "Year of Efficiency" as Meta announced its decision to eliminate around 10,000 roles.
Meta to layoff around 3,600 in 'performance-based cuts'
The layoffs will remove 5 percent of Meta's workforce as an effort to 'move out low performers faster' in preparation for 'an intense year,' said CEO Mark Zuckerberg.
Meta to Cut 5% of Its Workers in New Round of Layoffs
The company said in a memo sent to its employees on Tuesday that the layoffs would be based on performance ratings.
Meta expected to lay off 5 percent of workforce ahead of ‘intense year’
Meta is planning to lay off about 5 percent of its workforce by targeting the company’s lowest performers in preparation for what CEO Mark Zuckerberg said will be an “intense
Meta is cutting 5% of its ‘lowest performers’
Meta is aiming to cut about 5% of what it calls its “lowest performers” with plans to backfill those roles later this year, the company confirmed on Tuesday.
Meta to cut 5% of staff as Mark Zuckerberg targets ‘low performers’: memo
Meta is planning to slash roughly 5% of its staff this year in a move aimed at weeding out under-performers, CEO Mark Zuckerberg revealed on Tuesday. In a memo to employees on Meta’s internal message board,
Zuckerberg to lay off 5% of the lowest performers at Meta
Top boss Mark Zuckerberg is planning to let go about 5% of the lowest performers at Meta Platforms (NASDAQ:META), according to an internal memo sent by him to company employees, which was seen by Bloomberg.
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