Mark Zuckerberg Implements New Performance Standards at Meta

Meta is taking steps to reshape its workforce by reducing employee numbers by approximately 5%. CEO Mark Zuckerberg announced a revamped performance management strategy aimed at accelerating the process of parting ways with underperforming employees. The company plans to refill the vacated positions with new hires.

In a company-wide message, Zuckerberg stated, “We’ve decided to raise the bar for performance management and expedite the process of letting go of those who do not meet expectations. Historically, we’ve managed underperforming employees for a year, but moving forward, we’ll conduct more thorough and faster performance-based reductions during this cycle.”

Timeline for Affected Employees in the U.S. and Beyond
In the United States, employees impacted by the layoffs will be notified by February 10, while those in other countries will receive updates at a later date. Zuckerberg assured that those affected would receive a “generous severance package.”

Meta’s Workforce History and Future Focus
As of September 2024, Meta employed around 72,000 people. However, in October, the company initiated another round of layoffs affecting Instagram, Reality Labs, and WhatsApp teams, though the exact number of employees impacted remains undisclosed.

This latest move follows a history of significant workforce reductions. In 2022, Meta laid off 11,000 employees, followed by an additional 10,000 in 2023.

In his message, Zuckerberg emphasized that 2024 would be a pivotal year for Meta, with a strong focus on advancing technologies such as artificial intelligence, smart glasses, and the future of social media. The company remains committed to innovation while streamlining its workforce to achieve these goals.

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