Meta begins informing Irish staff of up to 100 'performance based terminations'

Meta, led by CEO Mark Zuckerberg, plans to terminate around 5% of its workforce in Ireland, affecting around 100 employees. This strategy is part of a broader emphasis on performance management, defined by a tighter evaluation process that allows quicker exits for low-performing staff. The company refers to these terminations as "non-regrettable attrition," suggesting that such departures align with the organization’s goals. The initiative aims for an overall target of 10% non-regrettable attrition by the end of the current performance cycle.

The current move announced by CEO Mark Zuckerberg indicates a shift towards aggressive performance management, with a focus on faster exit of low-performing employees.

The term 'non-regrettable attrition' has been adopted by Meta to describe staff departures that are seen as advantageous for the company's overall performance.

Read at Irish Independent