Meta layoffs: Internal memo reveals employees with these ratings will be fired
Meta is preparing to cut jobs in the coming weeks, focusing on employees with low performance ratings. An internal memo outlines how the layoffs will work.
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Meta is preparing to cut jobs in the coming weeks, focusing on employees with low performance ratings. An internal memo from Hilary Champion, Meta’s director of people development growth programs, details how the layoffs will work, confirming the company’s intention to weed out poor performers more quickly. The memo obtained by Business Insider details the company’s goal of reaching 10 percent non-regretful attrition by the end of this performance cycle.
Non-regrettable erosion refers to employees’ belief that the company can afford the loss. The memo shows Meta is targeting an additional 5 percent reduction in staff this year, on top of the 5 percent cuts made last year. Employees whose performance ratings fall within the “something met” or “something not accomplished” expectations will be automatically placed on the list for termination.
“Anyone who receives a rating of ‘Met Some’ or ‘Did Not Meet’ will automatically be added to the performance termination list,” the memo said.
People in the “Meta Most” category may also be at risk, depending on whether META reaches its overall erosion target. Champion stressed that Meta’s focus is on ensuring that the strongest talent remains as the company continues its ambitious plans in areas such as artificial intelligence, virtual reality and social media.
“In the calibration process, your directors and vice presidents will review those with “Met Most” ratings to determine who will be removed to meet the required 10 percent goal. How many people in the “Met Most” category will be removed The memo says it depends on your organization’s 2024 non-regretful attrition rate and how many people are rated “got none” or “got nothing.”
The layoffs are part of a broader strategy aimed at restructuring Meta’s workforce and increasing operational efficiency. Recent steps also include reducing diversity and inclusion initiatives and halting its third-party fact-checking program. Meta plans to refill these roles in 2025, when its performance-driven workforce restructuring is complete.
“We have really ambitious goals, so we need to manage our workforce in a way that ensures we have the strongest talent working here and we’re quick to manage the underperformers. We can move forward so that we can bring in new people. As a result, we are laying off about 5% of our lowest performers,” Mark Zuckerberg wrote in an internal memo. “Those who have been terminated for protest will receive generous severance packages in line with previous cuts.”
