Meta, the social media giant, is making waves with its bold new strategy to enhance performance within its ranks.
In an internal memo, CEO Mark Zuckerberg announced plans to cut approximately 5% of the workforce, targeting the lowest performers in the company.
This move, described as part of a "year of efficiency," follows Meta's earlier significant layoffs in 2022 and 2023 when 21,000 positions were eliminated.
Zuckerberg emphasized the need for high-performing teams to tackle the challenges of 2025, calling it an "intense year."
He stated that the focus will be on moving out underperforming employees more rapidly than in the past, which has ignited discussions about the company's operational focus and priorities.
Interestingly, this shift comes amidst recent moves by Zuckerberg to dismantle "politically biased" fact-checkers on Facebook and Instagram, indicating a significant pivot toward a more open and less censored online environment.
By scaling back its diversity, equity, and inclusion (DEI) initiatives, Meta appears to be signaling a departure from the social media norms that have dominated tech in recent years, a decision that many in the conservative sphere are likely to view favorably.
With an eye towards fostering a more effective team, Zuckerberg plans to notify employees affected by these cuts by February 10, ensuring they receive severance consistent with prior layoffs.
This latest development raises questions about the future of workplace culture in tech, as Meta's direction could potentially inspire other companies to reevaluate their own performance management strategies.
Overall, Zuckerberg's proactive approach to performance management and reduction of politically charged oversight within his platforms positions Meta for what he envisions as a more productive year ahead.
Sources:
ijr.comzerohedge.comcnbc.com