Meta’s restructuring announcement is part of a larger restructuring effort at Meta, which began last year under what Zuckerberg called the “Year of Efficiency." The company has been focusing on cutting costs,

The upcoming job cuts are part of Meta's plan to reach a 10% "non-regrettable" attrition rate by the end of the current performance cycle. This number also includes an estimated 5% from 2024 alone. The layoffs will mostly impact employees who have been with Meta long enough to get a performance review and are considered underperforming.

The layoffs will remove 5 percent of Meta's workforce as an effort to 'move out low performers faster' in preparation for 'an intense year,' said CEO Mark Zuckerberg.

Meta has suddenly arrived at a rather unusual proposition of laying 5% of its most inefficient or underperforming workforce in the coming days, in order to reportedly cut down expenses and improve productivity.

Meta, Amazon, and other big tech companies are expected to announce layoffs of their underperforming employees in 2025. But do such moves actually work?

Meta is set to have layoffs starting off the year, and this is to expand more of their AI development as per its CEO.

News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them