Meta is focusing on building significant technologies like AI and augmented reality glasses, and making performance management more rigorous by quickly letting go of low performers.
The goal is to manage out low-performers faster during this cycle, with a plan to backfill positions in 2025, ensuring the best talent remains on the team.
Even though letting people go is difficult, the intention is to enhance team strength and foster development in areas crucial for the future of social media.
Generous severance packages will be offered to those let go, reflecting Meta's previous practices, showing a commitment to supporting impacted employees during transitions.
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