• 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

Prada Group says it has purchased fashion rival...

December 3, 2025

Dell family donation to offer 25 million kids...

December 3, 2025

Shopify says a daylong Cyber Monday outage has...

December 3, 2025

Starbucks to pay about $35M to NYC workers...

December 3, 2025

Apple’s AI chief abruptly steps down

December 3, 2025

Airbus says most of its recalled 6,000 A320...

December 2, 2025

Campbell’s fires executive accused of racist remarks and...

November 28, 2025

Bitcoin and other crypto assets sink in flight...

November 24, 2025

Stock market sinks as AI and interest rate...

November 24, 2025

Bargain hunters drive Walmart sales and outlook higher

November 21, 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

  • Free ride: Allies, even Laura Loomer, turn on President Trump for accepting luxury jet from Qatar

    May 13, 2025
  • South Korea’s impeached President Yoon Suk Yeol freed from prison after canceled arrest

    March 8, 2025
  • Government shutdown, Epstein files, DC crime: Congress returns to mountain of drama

    September 2, 2025
  • FLASHBACK: Biden also paraded electric vehicles at the White House when he drove a Jeep Wrangler in 2021

    March 14, 2025
  • Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

    November 6, 2024

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

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

    April 2, 2025
  • 3

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

    July 19, 2024
  • 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 (7,098)
  • Investing (705)
  • Stock (963)

Latest Posts

  • Biden issues sweeping offshore oil, gas drilling ban in 625M acres of federal waters ahead of Trump transition

    January 6, 2025
  • South Korea imposes a travel ban on President Yoon over martial law declaration

    December 9, 2024
  • SCOTUS turns down abortion clinic buffer zone challenge, Thomas slams ‘abdication’ of duty

    February 24, 2025

Recent Posts

  • JD Vance says government likely ‘headed into a shutdown’ after Trump meets with Dems

    September 29, 2025
  • Taiwan official warns China, Russia, Iran forming ‘alliance’ after Blinken says ‘no axis’ exists

    October 4, 2024
  • Boeing to raise as much as $25 billion to shore up balance sheet

    October 16, 2024

Editor’s Pick

  • Federal judge orders Trump admin to restore public health web pages

    February 11, 2025
  • Trump nominates pair to help lead DOJ, announces Federal Railroad Administration pick

    December 21, 2024
  • New Hur interview tapes detailing Mongolia trip shed light on Hur’s ‘sympathetic’ characterization of Biden

    May 17, 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