Zuckerberg warns he will cut ‘low performers’ as he looks to fire up to 5 percent of Meta staff: Report
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Meta boss reportedly told staff that the company was looking to ‘move out low-performers faster’. Mark Zuckerberg, the co-founder of Facebook and CEO of its parent company Meta, told staff on Tuesday that it plans to cut its “low performers” sooner than expected, which could amount to five percent of staff, according to a new report.
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In an internal memo, obtained by Bloomberg, Zuckerberg told staff he “decided to raise the bar on performance management” in order to “move out low-performers faster”. According to the memo, Zuckerberg said the company typically “manage out people who aren’t meeting expectations over the course of a year” but was now planning on “more extensive performance-based cuts” sooner.
Meta is said to have already cut about the same number of of low performers during 2024, but has a target of 10 percent for its current “performance cycle”, which meant it was looking to “exit approximately another five percent of our current employees”.
Zuckerberg said Meta would “provide generous severance”. The policy is the latest in a time of dramatic change at the tech giant, following its announcement last week that it was stopping its use of fact-checkers, starting in the U.S., and moving to a Community Notes system similar to X because fact-checkers were “politically biased”.
Zuckerberg said it was also stripping back its automated content moderation systems as it was removing too much content and this amounted to “censorship”, with the changes aiming to restore “free expression” on its platforms. The move has been widely condemned by online safety campaigners, who have warned it will allow misinformation and harmful content to spread on Meta platforms.
