Meta Platforms plans to dismiss almost 3,600 staff recognized as low performers and exchange them with new hires, based on an inner memo reported by Bloomberg on Tuesday and subsequent media stories.
The firm, which owns Facebook, Instagram and WhatsApp, confirmed to Agence France-Presse (AFP) that CEO Mark Zuckerberg’s resolution will have an effect on 5% of its workforce.
Meta had roughly 72,400 staff as of September.
“I’ve decided to raise the bar on performance management and move out low-performers faster,” Zuckerberg mentioned.
The CEO mentioned the performance-based cuts are supposed to make sure that the corporate has the “strongest talent” and might “bring new people in.”
Performance-based dismissals are a typical observe amongst main U.S. companies. Microsoft introduced related cuts final week, affecting lower than one % of its workforce, Business Insider reported.
The layoffs come amid broader modifications at Meta earlier than Donald Trump’s return to the White House on Jan. 20.
Zuckerberg has lately aligned extra intently with conservative concepts and political figures, together with having dinner conferences with Trump and nominating a Republican as Meta’s head of public affairs.
Last week, Zuckerberg introduced the top of the corporate’s U.S. fact-checking program, which aimed to fight misinformation on its platforms. The program had been criticized by conservative voices, who seen it as censorship.
Under the brand new system, customers can add context to posts, much like options on X, previously Twitter, which was championed by the platform’s proprietor, Elon Musk.
The firm has additionally scaled again its range initiatives and relaxed content material moderation guidelines on Facebook and Instagram, significantly relating to sure types of hostile speech.
Source: www.dailysabah.com