Meta layoffs to begin as company moves to cut 5 percent of workforce
Share and Follow


(KRON) — Previously announced layoffs for Facebook parent company Meta are set to begin Monday. Last month, Meta CEO Mark Zuckerberg announced plans to trim the company’s workforce by 5 percent.

The layoffs, according to Zuckerberg, would target “low-performers.” The layoffs will amount to roughly 3,600 people losing their jobs, according to a Bloomberg report.

“I’ve decided to raise the bar on performance management and move out low-performers faster,” said Zuckerberg in an internal memo cited by Bloomberg. “We typically manage out people who aren’t meeting expectations over the course of the year, but now we’re going to do more extensive performance-based cuts during this cycle.”

Layoff notices for U.S.-based Meta employees are expected to start going out Monday. Workers in other countries, according to Bloomberg, will be informed at a later date.

Zuckerberg reportedly told staff that employees who lose their jobs will receive “generous severance” in line with past job cuts.

The Meta layoffs are the latest in an ongoing wave of Bay Area tech layoffs. Already this year, Salesforce, Workday, and Cruise have announced significant job cuts.

Share and Follow
You May Also Like
‘Protector’ father of nine slain after minor crash spirals into deadly road rage clash

Tragic Road Rage Incident Claims Life of Devoted Father of Nine Following Minor Collision

A 49-year-old father tragically lost his life in a suspected road-rage incident…
Jimmy Kimmel's bandleader Cleto Escobedo III's cause of death revealed

Cause of Death for Jimmy Kimmel’s Bandleader Cleto Escobedo III Unveiled: Latest Updates

The cause of death for Cleto Escobedo III, a close friend of…
Tennessee officer working Vance's motorcade in critical condition after crash with state trooper

Tennessee Officer’s Life Hangs in the Balance After Devastating Motorcade Collision with State Trooper

A Tennessee police officer is in critical condition following a collision with…
Antifa members indicted in Texas ICE facility riot, attempted murder of officer

Texas ICE Facility Riot Leads to Indictment of Antifa Members on Attempted Murder Charges

Nine individuals associated with an Antifa group were indicted on Friday, and…
JSO: Man hospitalized after being shot at bus stop on Normandy Boulevard

Man Hospitalized After Normandy Boulevard Bus Stop Shooting: Jacksonville Sheriff’s Office Investigates

The Jacksonville Sheriff’s Office reported that after the shooter fired at the…
Michigan adopts sex education standards recommending students be taught gender identity, sexual orientation

Michigan’s New Sex Ed Guidelines: Embracing Gender Identity and Sexual Orientation in Schools

In a recent decision, the Michigan State Board of Education has endorsed…
Josh Hart delivers histpric Knicks performance in win

Josh Hart Shines with Historic Performance, Leading Knicks to Victory

Just two days ago, Josh Hart found himself sidelined for the entire…
Why truth about Hitler's 'genitals helps explain 'urge for domination'

Uncovering the Truth: How Hitler’s Physical Health May Have Influenced His Quest for Power

One of Adolf Hitler’s closest allies once attempted to shed light on…