Meta To Initiate Company-Wide Layoffs On Monday; Here Is What Internal Memo States
Meta, the parent company of Facebook, plans to proceed with its anticipated company-wide layoffs next week, while also accelerating the hiring of machine learning engineers, according to internal memos shared with staff and accessed by the news agency Reuters on Friday. Notices informing employees of their job losses will be sent starting at 5 am local time on Monday in most countries, including the US, as stated in a post by Meta's Head of People, Janelle Gale, reveals the report. Employees in Germany, France, Italy, and the Netherlands will be exempt from the layoffs due to local regulations. At the same time, workers in over a dozen other countries across Europe, Asia, and Africa will receive their notifications between February 11 and February 18. Last month, the company confirmed plans to reduce around 5 per cent of its "lowest performers" and to refill at least some of those positions. The Friday memo, in which Gale referred to the cuts as "performance terminations," was first reported by The Information. Unlike previous company-wide layoffs, Meta plans to keep its offices open on Monday and will not provide further updates on the decisions, as mentioned by Gale in her post, states the report. In a separate memo on Friday, VP of Engineering for Monetization Peng Fan urged staff to support an expedited hiring process for machine learning engineers and other "business critical" engineering roles. This process is set to take place from February 11 to March 13, according to Fan. "Thank you for your continued support in helping us achieve our accelerated hiring goals, and better align with our company's priorities for 2025," Fan added in the memo. Meanwhile, Meta CEO Mark Zuckerberg informed employees about the layoffs last month, explaining that he had "decided to raise the bar on performance management and move out low performers more quickly." Zuckerberg noted that while Meta "typically" addresses underperforming employees over the course of a year, the company would be making more "extensive" cuts of low performers during the performance cycle ending in February. Also Read: UBS Layoffs: Firm Cuts Hundreds of Jobs In Switzerland, Says Report
Meta, the parent company of Facebook, plans to proceed with its anticipated company-wide layoffs next week, while also accelerating the hiring of machine learning engineers, according to internal memos shared with staff and accessed by the news agency Reuters on Friday.
Notices informing employees of their job losses will be sent starting at 5 am local time on Monday in most countries, including the US, as stated in a post by Meta's Head of People, Janelle Gale, reveals the report.
Employees in Germany, France, Italy, and the Netherlands will be exempt from the layoffs due to local regulations. At the same time, workers in over a dozen other countries across Europe, Asia, and Africa will receive their notifications between February 11 and February 18.
Last month, the company confirmed plans to reduce around 5 per cent of its "lowest performers" and to refill at least some of those positions. The Friday memo, in which Gale referred to the cuts as "performance terminations," was first reported by The Information.
Unlike previous company-wide layoffs, Meta plans to keep its offices open on Monday and will not provide further updates on the decisions, as mentioned by Gale in her post, states the report.
In a separate memo on Friday, VP of Engineering for Monetization Peng Fan urged staff to support an expedited hiring process for machine learning engineers and other "business critical" engineering roles. This process is set to take place from February 11 to March 13, according to Fan.
"Thank you for your continued support in helping us achieve our accelerated hiring goals, and better align with our company's priorities for 2025," Fan added in the memo.
Meanwhile, Meta CEO Mark Zuckerberg informed employees about the layoffs last month, explaining that he had "decided to raise the bar on performance management and move out low performers more quickly."
Zuckerberg noted that while Meta "typically" addresses underperforming employees over the course of a year, the company would be making more "extensive" cuts of low performers during the performance cycle ending in February.
Also Read: UBS Layoffs: Firm Cuts Hundreds of Jobs In Switzerland, Says Report
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