Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a memo viewed by The Post.

Chief Executive Mark Zuckerberg said the cuts are necessary as the company builds ‘the most important technologies in the world.’

Meta will soon lay off more “low-performers” across the company, according to an internal memo from CEO Mark Zuckerberg that was shared by a source at the company. “I’ve decided to raise the bar on performance management and move out low-performers faster,

After visiting President-elect Donald J. Trump in November, Mr. Zuckerberg decided to relax Meta’s speech policies. He asked a small team to carry out his goals within weeks. The repercussions are just beginning.

A Meta executive clarified that while Mark Zuckerberg's observation about many incumbent parties not being re-elected in the 2024 elections is true for several countries, it does not apply to India. Zuckerberg has earlier commented on the 2024 general election,

Mark Zuckerberg said Meta planned to make more extensive performance-based cuts." Staffers questioned how those would work.

Meta Platforms Inc. is planning to cut about 5% of its lowest performers with the intent of backfilling their roles this year, according to an internal memo sent to employees. “I’ve decided to raise the bar on performance management and move out low-performers faster,