• 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

U.S. added 119,000 jobs in September, but there...

November 21, 2025

Bargain hunters drive Walmart sales and outlook higher

November 21, 2025

What AI bubble? Nvidia’s strong earnings signal there’s...

November 21, 2025

Longtime Walmart CEO to step down in January

November 17, 2025

More than 1,000 Starbucks workers strike at 65...

November 15, 2025

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
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

  • ‘It just baffles me’: Senate Republicans sound alarm over Medicaid changes, spending in Trump megabill

    June 17, 2025
  • Johnson says ‘Marxists’ run Democratic Party as government shutdown heads into next week

    October 16, 2025
  • ‘It’s a setback’: Democrats criticize Biden over Hunter pardon

    December 2, 2024
  • Hawley rips Jack Smith’s ‘Biden’s Stasi’ probe, calls alleged spying ‘abuse of power beyond Watergate’

    October 7, 2025
  • Japan Stocks Declined Today: Topix Shaved Off 3.2%

    August 1, 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

    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 (6,867)
  • Investing (634)
  • Stock (954)

Latest Posts

  • Trump or Harris? Israelis discuss presidential choice as war with Hamas, other terror groups continues

    September 7, 2024
  • Ukraine to analyze fragments of missile fired by Russia capable of carrying nuclear warheads

    November 24, 2024
  • Jeff Bezos’ fiancée Lauren Sanchez sparks backlash at Trump inauguration with lingerie-inspired outfit

    January 20, 2025

Recent Posts

  • Elon Musk embraces X platform as key tool in DOGE transparency amid onslaught of attacks from Dems

    February 10, 2025
  • Happy birthday to America’s first presidential centenarian

    October 1, 2024
  • ‘GOOD RIDDANCE’: MAGA reacts to ‘RINO’ Mitch McConnell Senate exit

    February 20, 2025

Editor’s Pick

  • Trump warns of ‘massive bloodshed’ if Hamas fails to agree to peace deal: ‘MOVE FAST’

    October 5, 2025
  • SafeMoon and Litecoin: New Daily Targets and Prices

    September 26, 2024
  • Nifty and German 40: Nifty rises to a new all-time high

    August 29, 2024
  • 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