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Meta Platforms Plans Performance-Based Job Cuts

The Information · Sylvia Varnham O'Regan · last updated

Meta Platforms plans a new round of job cuts in the coming weeks, the company told employees on Tuesday, focused on employees who are considered weak performers.

In a post on the company’s internal chat system, Meta CEO Mark Zuckerberg said the company would make more extensive performance based cuts during this performance review cycle. Meta’s announcement signals that the social media company’s efforts to rein in costs are continuing even as it invests heavily in artificial intelligence.

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