"Meta's 'Intense Year': Employees React to Low-Performer Cuts"

Meta Platforms, Inc. (META) is gearing up for an "intense year" as it plans to cut 5% of its lowest-performing employees, according to an internal memo from CEO Mark Zuckerberg. The move, which is expected to affect around 3,600 workers, is part of a broader restructuring effort aimed at increasing performance standards and optimizing workforce productivity.

Zuckerberg announced the decision in a memo to employees, stating that the company will "move out low-performers faster" and "backfill these roles in 2025." The layoffs are expected to be completed by February 10, with those impacted receiving "generous severance" packages.

The decision to cut low-performing employees comes at a time when Meta is undergoing a transformation, opting to end its fact-checking program and replace it with a community-driven system similar to that used by Elon Musk's X. The company is also dismantling its DEI-focused team and eliminating diversity programs in its hiring process.

Meta's plans to cut low performers have been met with mixed reactions from employees. Some have expressed concern about the potential impact on morale and productivity, while others see it as a necessary move to strengthen the company's teams and drive innovation.



Meta's AI and AR ambitions could be both positively and negatively impacted by the layoffs. On one hand, the cuts could lead to faster decision-making and innovation, as well as attracting top talent to fill the vacated roles. On the other hand, the loss of institutional knowledge and potential morale issues could hinder progress on these projects.



In conclusion, Meta's "intense year" ahead is likely to be marked by significant changes and investments in key areas, such as AI and AR. While the layoffs may result in short-term costs and challenges, the company believes that they will ultimately strengthen its position in the market and drive long-term growth and innovation. However, the ultimate success of these efforts will depend on how Meta manages the transition and leverages the changes to drive progress in these areas.