Black Monday at Meta as Performance-Based Layoffs Begin

Category: Business

Meta is undergoing performance-based layoffs affecting approximately 3,600 employees globally, as announced by CEO Mark Zuckerberg. Notifications have begun, with impacted workers receiving details about severance and stock vesting. This follows previous layoffs in 2022 and 2023, but this round focuses specifically on performance management.

Keywords: Meta, layoffs, performance management

Source: Adweek

Update At: 2/11/2025

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