Meta Platforms, Inc. is cutting nearly 3,000 jobs, about 5% of its workforce, as the company takes a tougher stance on underperforming employees and prepares for heavy artificial intelligence investments in 2025. The move comes after CEO Mark Zuckerberg’s internal memo in January 2025, which aimed to “raise the bar” and quickly remove low performers.
The layoffs follow a period of hiring during the Covid-19 pandemic, with companies like Microsoft, Amazon, and Salesforce also cutting thousands of jobs. Meta employees expressed anxiety and concern over the move, saying it feels like living in a George Orwell novel where loyalty to Zuckerberg is expected.
Some employees fear that good performers will be laid off to meet company quotas, damaging morale and potentially damaging their reputations in the job market. Others argue that labeling these cuts as “performance-based” can be unfair and stigmatizing for those who are let go.
The move has sparked anxiety among Meta staff, with some describing a culture of fear where loyalty is seen as more important than performance. The company’s emphasis on AI investments may also lead to concerns about job security and the impact on employee morale.
Source: https://www.livemint.com/companies/news/meta-layoffs-leaked-memo-reveals-3-000-employees-will-be-handed-pink-slips-tomorrow-february-10-11739103613899.html