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Meta Layoffs: Leaked memo reveals almost 4,000 employees will be handed pink slips tomorrow
Meta Layoffs: Big tech firm Meta Platforms Inc. plans to layoff nearly 4,000 employees, reducing 5% of its workforce in efforts to filter out low-performing employees and prepare for investments in AI for the year.
Meta Platforms, Inc. is laying off nearly 3,000 employees, affecting almost 5 per cent of its workforce tomorrow, February 10, reported the news portal Moneycontrol, citing a memo obtained by Business Insider.
This move comes as the tech company is taking a tougher stance on underperforming employees and preparing its finances for the year's heavy artificial intelligence investment plans, according to the Business Insider report on Sunday, February 9.
The report cited Meta's chief executive officer (CEO) Mark Zuckerberg, who told his staff in January 2025 that the company would “raise the bar” and make a quick move to remove low performers in an internal memo.
After a hiring spree during the Covid-19 pandemic, big tech firms like Microsoft, Amazon, Salesforce, and others are laying off thousands of employees, as per the report.
Fear amongst employees
According to the news portal's report, Mark Zuckerberg's efficiency drive is causing anxiety for Meta employees.
“Mark is creating fear,” said a Meta employee cited in the news report. “He's creating a culture where you have to be loyal to him or else,” they said.
Other employees commenting on this development said that it feels like “living in a George Orwell novel.” The employee also added that many people who have performed well have been disappearing all year, and when they asked about them, the company said they are just no longer with the firm, reported the news portal.
Few others also commented that job cuts should not be labelled as performance-based cuts as the latter can potentially damage people's reputation when they opportunity elsewhere.
“Now people have to go back out into the job market with a label that is incredibly unfair,” according to the person cited above in the news report.
The employees expressed concern that good employees would be laid off just to meet company quotas, which could negatively impact morale at Meta, reported the news portal.
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Business NewsCompaniesNewsMeta Layoffs: Leaked memo reveals almost 4,000 employees will be handed pink slips tomorrow
First Published:9 Feb 2025, 05:54 PM IST
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