
Staff cuts at Meta: the “snip” will affect the worst performing employees
The year has only just begun and Meta is already preparing to take up the scissors. The parent company of Facebook and Instagram plans to lay off 5% of its workforce. The objective will not be, in any case, to save costs, since Meta will replace the workers it throws out (those with the worst performance) with new employees who will join its staff (and who will predictably be more productive than those those they relieve).
The idea is that the lowest performing employees leave the company. and that their positions be assumed by new workers who will be recruited for this by Meta. This is explained by Mark Zuckerberg, CEO of Meta, in an internal memo sent to employees whose content they have echoed. Bloomberg y The Verge.
«I have decided to raise the bar on performance management and fire underperforming employees more quickly.. “We typically fire people who don’t meet expectations within a year, but now we’re making broader cuts based on performance over this cycle, with the intention of filling those positions in 2025,” Zuckerberg explains in the memo. .
«Meta is currently working on some of the most important technologies around the world: AI, glasses as the next technology platform and the future of social networks. This year will be intense and I want to make sure we have the best people on our teams«emphasizes the CEO of Meta.
The company led by Mark Zuckerberg employs around 72,000 people around the world, of which approximatelye 3,600 will be affected by the cuts.
Employees affected by the cuts will be informed about them on February 10 in the United States and later in the rest of the world.
In 2022 and 2023 Meta undertook severe cuts
During the pandemic, Meta significantly increased the size of its workforce and in the subsequent years, in 2022 and 2023, it destroyed approximately 20,000 jobs. After the coronavirus, which boosted Meta’s growth, the company suffered economic turbulence, had to deal with increasingly stronger competitors, and its advertising revenues contracted. Mark Zuckerberg proclaimed 2023 “the year of efficiency.” And since then Meta’s profits have grown again after the wave of layoffs in recent years.
Meta made countless headlines last week as a result of its controversial change in the content moderation policy of its social networks in the United States. Across the seas, the company will replace data verification (carried out to date by professional “fact-checking” organizations) with so-called “community notes.” Under the new content moderation system announced by Meta in the United States, Facebook and Instagram users themselves will be the ones to warn other people of the lies and inaccuracies spread through these platforms. This is a content moderation system very similar to the one that X has been using for some time, a platform where “fake news” abounds.
Joe Biden, the president of the United States, harshly attacked Meta’s new content moderation policy and went so far as to call it “shameful.” In Biden’s opinion, this change, with which Meta wishes to once again place freedom of expression at the forefront, goes against everything that makes the United States a great country.
Many have interpreted the changes in Meta’s content moderation policy as a handover from Mark Zuckerberg to Donald Trumpwith whom the businessman would be trying to ingratiate himself for his next term at the head of the White House, which will begin last week. Zuckerberg met, in fact, a few weeks ago with the president of the United States at his residence in Mar-a-Lago and has also donated a million dollars to Trump’s inauguration ceremony, in which the Meta CEO is expected to be present. present.
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