Meta is gearing up to cut 5% of its workforce, focusing on employees with the lowest performance, according to an internal memo from Mark Zuckerberg. As part of the company’s intensified performance management strategy, Meta will conduct “more extensive performance-based cuts” during this review cycle, which started last week.
Zuckerberg revealed that impacted workers in the U.S. will be notified by February 10, and those affected will receive severance packages consistent with previous layoffs. The company, which employed 72,404 people globally as of September 2024, is committed to improving team quality and aligning its workforce with long-term goals.
In addition to the layoffs, Meta is restructuring its diversity initiatives. The company plans to dismantle its DEI (Diversity, Equity, and Inclusion) team, claiming the term has become “charged” and divisive. These changes come on the heels of Meta’s ongoing push for efficiency, following a round of 10,000 job cuts in March 2023.
Meta’s focus on “high performers” reflects its vision to build advanced technologies, including AI and augmented reality, and to position itself for future growth. Meanwhile, the company is also shifting its content moderation policies, removing third-party fact-checkers in favor of a community-driven model.
As Meta continues its transformation, the focus is on reshaping its workforce to drive innovation and efficiency in the coming years.
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