Meta will cut 5% of its workers in a new round of layoffs
Meta plans to fire up to 5% of its employees based on performance evaluations, according to an internal memo to workers seen by The New York Times on Tuesday.“I set out to raise the bar on performance management and weed out low-performing workers faster,” Mark Zuckerberg, Meta's chief executive, said in the statement. “We typically manage people who don't meet expectations over the course of a year, but now we will make larger cuts based on performance during this cycle.”Zuckerberg said in the memo that workers whose roles were cut will be replaced by new hires in 2025.The layoffs came days after Meta announced sweeping changes to its content moderation policies. The company, which owns Facebook, Instagram, WhatsApp and Threads, said it will no longer police certain types of hate speech, ...










