Meta Might do ‘Quiet Layoff’ and Axe over 12,000 Employees

Meta Platforms is implementing “quiet layoffs” at Facebook to reduce its workforce as global constraints and declining ad expenditure.

Leaders asked executives to choose at least 15% of the employees in their teams to be classified as “needs support”.

This targeted restructuring raises the possibility of removing 12,000 employees or 15% of Facebook’s staff.

The possible layoffs were made public last week through a post by a Meta employee on Blind.

Blind is a popular app amongst tech employees that requires a valid workplace email account to use the portal anonymously.

In Facebook’s employee-review procedure, an employee “in need of support” is regarded as performing below the benchmark standards.

Such employees are placed on a performance improvement plan (PIP), which typically results in layoffs.

Zuckerberg blamed the economy and forewarned that the company would have to go through a downsizing or restructuring process.

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