Meta's Zuckerberg to Speed Up Low-Performer Layoffs

Mark Zuckerberg, the head of Meta, has announced that the company will be laying off more employees who aren’t performing well. This move comes as Meta focuses on developing cutting-edge technologies such as AI, augmented reality glasses, and the next generation of social media platforms. Zuckerberg emphasized that this year will be crucial for building these innovations and having the best team is essential.Normally, Meta manages low-performing employees over a year before letting them go. But now, the company plans to speed up this process and make more performance-based cuts during the current period. The aim is to fill these positions again in 2025. Not everyone who didn’t meet expectations in the last review will be let go, especially if there’s hope for their future improvement. Those who are laid off will receive generous severance packages, similar to previous cuts. Managers will soon get more guidance on how to handle these changes. Employees who are impacted will be informed by February 10, with those outside the US hearing later. While it’s tough to let people go, Zuckerberg believes this will make the teams stronger and help Meta lead in technology that connects people.