Meta Layoffs: 'Have a Really, Really Difficult Time...', Says Employee as Facebook Parent Firm Starts Firing Thousands

by gauravsinghigc

Tags : Meta layoffs, Facebook job cuts, tech industry downsizing, workforce reduction, IT sector layoffs, corporate restructuring, employment trends | Published at : 12 Feb 2025 02:00 AM | Author : Gaurav Singh (gauravsinghigc)

Meta has started another round of mass layoffs, impacting thousands of employees. Affected workers describe it as a 'really difficult time' as the Facebook parent company continues its workforce reduction strategy.

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⚠️ Meta Layoffs Begin: Facebook Parent Firm Fires Thousands Based on Performance

Meta, the parent company of Facebook, Instagram, and WhatsApp, has initiated a fresh round of job cuts, targeting employees with low performance ratings. The move aligns with CEO Mark Zuckerberg’s strategy to streamline operations and invest heavily in AI-driven hiring.

📉 Meta to Cut 4,000 Jobs in Performance-Based Layoffs

🔴 Meta is eliminating 4,000 positions, affecting approximately 5% of its global workforce.
📩 Employees across Europe, Asia, and the US began receiving termination emails on Monday morning.
🛑 Employees in Germany, France, Italy, and the Netherlands are exempt from layoffs due to local labor regulations.

📜 Internal Memo Reveals Meta’s Performance Strategy

According to an internal memo shared with employees, Meta is restructuring its workforce by removing underperforming staff and replacing them with machine learning engineers. The company’s goal is to enhance its AI capabilities while maintaining a leaner workforce.

📢 Mark Zuckerberg’s Statement on Workforce Reduction

CEO Mark Zuckerberg emphasized the need for higher performance standards within the company. He stated:

“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.”

💰 Severance Package Details for Laid-Off Employees

💵 Impacted employees in the US will receive 16 weeks of severance pay, plus an additional two weeks per year of service.
📊 Meta managers were instructed to identify 12% to 15% of employees for performance-based ratings.
⚖️ The company aims to reach 10% non-regrettable attrition through these layoffs and voluntary exits.

🏢 Big Tech Companies Continue Workforce Downsizing

The layoffs at Meta are part of a broader trend in the tech industry. Several major companies have implemented similar job cuts to streamline operations:

💼 Microsoft, Amazon, and Salesforce have collectively eliminated thousands of positions in recent months.
📊 Big Tech firms are shifting focus towards AI development and automation to enhance efficiency.

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Meta layoffs, Facebook job cuts, performance-based firings, workforce downsizing, AI-driven hiring, Mark Zuckerberg job cuts, corporate restructuring, tech industry layoffs, Blogs by Gaurav Singh (gauravsinghigc)