In a memo to staff, Zuckerberg emphasized that Meta is entering an "intense year" and the decision to cut low performers is part of the need for efficiency.
Meta announced plans to cut 5% of its workforce, translating to approximately 3,600 roles. The focus is on employees with performance ratings of 'Met Most Expectations' or worse.
To achieve non-regrettable attrition, managers need to identify 12-15% of employees rated lower than 'Met Most Expectations', with a clear strategy for swift cuts.
While some employees support the idea of raising standards, there are also concerns about the impact of rapid firings and the company's future direction.
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