Meta May Implement Annual Job Cuts Based on Employee Performance

San Francisco: So, it looks like Meta is considering making job cuts based on performance every year. A memo that got leaked shows they want to boost employee standards. The idea is to let go of the lowest performers while keeping the rest motivated.

Even if someone gets laid off, they’ll still get their bonuses and stock options. The memo, shared by Hillary Champion, who’s in charge of people development, confirms that these performance-related layoffs could become a regular thing.

Champion mentioned they’re focused on creating a high-performance culture and want to speed up the process of moving out the lowest performers. They’re currently reviewing about 5% of their workforce, and those cuts should wrap up by February 10 for U.S. employees, with international notifications coming later.

The memo also reassures everyone that where you work won’t affect your performance rating or job security. Plus, anyone impacted will still receive their stock vesting and bonuses due on February 15, 2025.

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