Reports indicate that Meta plans to lay off 5% of its workforce, targeting low-performing employees. Zuckerberg: The pace of eliminations will accelerate

An internal memo from Meta shows that the company plans to eliminate about 5% of its employees through performance evaluations, affecting approximately 3,600 positions, and will fill the vacant positions within this year. CEO Mark Zuckerberg stated that performance management standards will be raised, the pace of layoffs will be accelerated, a broader range of layoffs will be implemented in this round of assessments, and "generous severance packages" will be offered to departing employees