• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

by January 15, 2025
written by January 15, 2025

Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.

CEO Mark Zuckerberg informed employees about the decision to “move out low performers faster” in a memo posted on the company’s internal Workplace forum on Tuesday. Zuckerberg told employees 2025 will “be an intense year.”

The company specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a company director. Meta has more than 72,000 employees, according to its most recent quarterly report.

Meta said employees affected by the layoffs will be notified by Feb. 10 and receive severance in line with what the company has provided previously. The cuts represent Meta’s largest layoffs since it eliminated 21,000 jobs, or nearly a quarter of its workforce, in 2022 and 2023.

Bloomberg was first to report the cuts, citing an internal memo.

The move follows several major operational changes within Meta aimed at building closer ties with President-elect Donald Trump.

Last week, Zuckerberg announced Meta would end its third-party fact-checking program in favor of a “Community Notes” model used on Elon Musk’s platform X, where individual users provide more context to posts.

“The recent elections also feel like a cultural tipping point towards once again prioritizing speech, so we’re going to get back to our roots and focus on reducing mistakes, simplifying our polices and restoring free expression on our platforms,” Zuckerberg said in a video announcement.

Below is Zuckeberg’s internal memo, which CNBC obtained.

Meta is working on building some of the most important technologies of the world. AI, glasses as the next computing platform and the future of social media. This is going to be an intense year, and I want to make sure we have the best people on our teams.

I’ve decided to raise the bar on performance management and move out low performers faster. We typically manage out people who aren’t meeting expectations over the course of a year, but now we’re going to do more extensive performance-based cuts during this cycle, with the intention of back filling these roles in 2025. We won’t manage out everyone who didn’t meet expectations for the last period if we’re optimistic about their future performance, and for those we do let go, we’ll provide generous severance in line with what we provided with previous cuts.

We’ll follow up with more guidance for managers ahead of calibrations. People who are impacted will be notified on February 10 or later for those outside the U.S.

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
John Ratcliffe says US faces ‘most challenging security environment’ ever in confirmation hearing
next post
User’s Manual: Why some Trump nominees could be confirmed with a voice vote – and why some could not

related articles

October monthly job cuts surged to a 22-year...

November 7, 2025

Yum Brands begins strategic review for struggling Pizza...

November 5, 2025

Kimberly-Clark to buy Kenvue in $48.7 billion deal

November 3, 2025

Barbie, Monopoly toymakers see bright holiday season despite...

October 29, 2025

Target is eliminating 1,800 corporate jobs as it...

October 24, 2025

X-ray tables, hidden cameras: The tech in rigged...

October 24, 2025

Travis Kelce part of investor group aiming to...

October 24, 2025

Trump’s Argentina beef import plan will harm U.S....

October 23, 2025

Customers sue sneaker company On over shoes that...

October 20, 2025

Giorgio Armani group names longtime executive Giuseppe Marsocci...

October 17, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Israel takes hard line against terrorists, allowing deportation of family members

    November 7, 2024
  • Republicans dominate airwaves as Harris seeks comeback in polls, but Dems aren’t worried

    July 25, 2024
  • SCOOP: 38 GOP lawmakers say not repealing Biden’s green agenda in Trump tax bill is ‘hypocrisy’

    May 1, 2025
  • Taiwan official warns China, Russia, Iran ‘working together’ 

    October 4, 2024
  • IRS to slash nearly 7K employees starting Thursday: reports

    February 20, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,770)
  • Investing (634)
  • Stock (949)

Latest Posts

  • Trump picks Miami-Dade County Commissioner Kevin Marino Cabrera for Panama ambassador

    December 26, 2024
  • Russia sounds off on Trump’s threat to retake the Panama Canal

    January 21, 2025
  • Waymo offers teen accounts for driverless rides

    July 8, 2025

Recent Posts

  • Trump cuts China tariff after Xi signals tougher fentanyl enforcement, rare-earth pause

    October 30, 2025
  • Hamas, who sparked war with Israel, says Trump’s rebuild Gaza plan is a ‘Recipe for creating chaos’

    February 5, 2025
  • ‘Real consequences’: Food aid, flood insurance, FEMA funds in jeopardy amid shutdown, Johnson says

    October 2, 2025

Editor’s Pick

  • Trump declares May 8 as ‘Victory Day’ for World War II: ‘Going to start celebrating our victories again!’

    May 2, 2025
  • Kamala Harris’ new climate director said she is hesitant to have children because of climate change threats

    September 10, 2024
  • In Iran’s ‘forever war’ against the US, regime has targeted and killed Americans worldwide

    June 18, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock