OAN Staff James Myers
1:41pm – Tuesday, January 14, 2025
Meta Inc. plans to cut about 5% of its workforce this year in a bid to weed out slackers, CEO Mark Zuckerberg said Tuesday.
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In a memo to employees posted on Meta's internal bulletin board, Mr. Zuckerberg suggested that the company would begin firing underperforming employees.
This comes after Zuckerberg faced heavy criticism from censorship advocates last week after he dumped Meta's fact-checking staff and tools, an attempt to appeal to the incoming Trump administration. It seems that.
President Trump previously accused the CEO of bowing to government demands under the Biden administration.
“We have decided to raise the bar on performance management and fire poor performers sooner,” Zuckerberg said in the memo, which was first obtained. bloomberg.
Zuckerberg added: “Typically, we take a year to manage people who don't meet expectations, and we will now make large-scale performance-based reductions during this cycle.”
Nevertheless, Zuckerberg said Meta will “offer generous severance benefits” to affected workers.
The company plans to notify U.S.-based workers affected by the layoffs on February 10.thafter performance review. However, the exact number of employees who will be laid off has not been disclosed.
As of September last year, Meta had 72,000 employees, and a 5% reduction would mean around 3,600 people could be laid off.
Zuckerberg will continue to cut thousands of jobs in 2023, calling it the “year of efficiency.”
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