Meta layoffs: Mark Zuckerberg announces 5% job cuts at Facebook, Instagram and WhatsApp; “we typically …,” reads internal memo

Meta announced plans to lay off approximately 3,600 employees, or 5% of its workforce, as part of CEO Mark Zuckerberg’s push to “raise the bar on performance management” at the social media giant.

In an internal memo sent to staff, Zuckerberg emphasized the need for an accelerated approach to removing underperforming employees. “We typically manage out people who aren’t meeting expectations over the course of a year, but now we’re going to do more extensive performance-based cuts during this cycle,” he wrote.