Meta could make performance-based job cuts an annual practice, leaked memo suggests
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Meta is considering implementing annual performance-based job cuts to enhance employee performance standards. This strategy aims to increase non-regrettable attrition by removing the lowest performers.
January 14, 2025 | 9:00 pm
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Meta is contemplating annual performance-based job cuts to improve employee performance standards, which could lead to increased non-regrettable attrition by removing low performers.
The news suggests a strategic shift in Meta's HR policies, which could impact employee morale and operational efficiency. However, the direct financial impact on Meta's stock price is uncertain, leading to a neutral short-term price direction.
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RELEVANCE 100