Mark Zuckerberg, the founder and CEO of Meta, has decided to "tighten performance criteria and accelerate the departure of employees who are not up to par," he explains in a memo intercepted by Bloomberg. "Usually, we let go of people who do not meet expectations over a year," continues the CEO. "But we will make more significant cuts based on performance."
Gloomy atmosphere at Meta
In total, 5% of Meta's workforce is affected by this new drastic cut, which represents approximately 3,600 positions (out of a total of 72,000 people). The American employees concerned will receive the bad news from February 10, it will be later in the rest of the world. These layoffs will only affect those who have spent enough time in the company to receive a performance review.
Meta nevertheless plans to hire new profiles to fill the missing positions. In total, the group still intends to reduce its workforce by 10% (including an additional reduction of 5% compared to last year).
This new round of layoffs is in addition to the others carried out by Meta since 2023, dubbed the "year of efficiency" by Mark Zuckerberg at the time. Tens of thousands of positions have been eliminated, generating, as one can imagine, a deleterious atmosphere internally.
The change of direction on moderation and the clear and frank switch of Mark Zuckerberg to the Trump camp (lies and half-truths included) must not have helped matters within the remaining workforce. And these new layoffs either! For 2025, the leader warns that the year will be “intense,” with developments expected in AI, smart glasses and “the future of social media.”
Source: Bloomberg
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