https://www.msn.com/en-in/technology/tech-companies/meta-to-fire-around-3-600-employees-mark-zuckerberg-says-he-will-sack-low-performers/ar-BB1rrGh5?ocid=TobArticle&apiversion=v2&noservercache=1&domshim=1&renderwebcomponents=1&wcseo=1&batchservertelemetry=1&noservertelemetry=1

Meta is set to fire around 3,600 employees as part of its latest performance-based job cuts. The company's CEO Mark Zuckerberg announced that roughly 5 per cent of the company's workforce will be affected, as Meta aims to accelerate its performance management process. In a memo to employees, Zuckerberg explained that the company would be moving more swiftly to remove low-performing staff, Bloomberg reports. This follows Meta's earlier decision in 2023 to cut 10,000 jobs in its "year of efficiency" drive.

"I've decided to raise the bar on performance management and move out low-performers faster," he said in a note shared with an internal message board.

Zuckerberg mentioned that the company usually addresses underperformance over a year but will now implement more extensive cuts. Despite the layoffs, Meta plans to replace the roles in 2025, positioning itself for future growth and innovation. The focus in the coming year will be on areas like artificial intelligence (AI), smart glasses, and evolving social media platforms, as Zuckerberg described the upcoming year as "intense."

Meta, which had around 72,000 employees as of September, is expected to notify impacted US-based staff on February 10. Employees outside the US market working for Meta will be informed later. The company reportedly aims to achieve 10 per cent "non-regrettable" attrition by the end of this performance cycle, continuing a similar trend from the previous year.

>>1407214 (OP)
translation: "We're still dying after we wasted all our money and positions on stupid metaverse shit that turned out to be worse vr chat."

>>1407214 (OP)
Interesting how underperforming management (like Zuck) won't be affected

>>1407217
Zucker was replaced by an android 2 yrs ago after getting his brain tried using an experimental headset. No one has noticed

>>1407215
Actual translation: We need to fire our older workers because they have higher pay. Now start training your replacements! You thought this would be a career?

>>1407240
Probably also the case but I wouldn't downplay how disastrous metaverse turned out to be. Zuck was dumping millions upon millions into this shit, absolutely fucking convinced it would be the next big thing. And it never amounted to shit; not only was there virtually no interest in it outside of desperate tech bros who immediately moved on to shit like NFTs and later AI, but it was also objectively dogshit. They had a big presentation where they had to FAKE adding legs to it, which anyone with a passing familiarity with VR chat could tell was one of the most embarrassing presentations ever made by such a big company. Shit thought VR was gonna work the way a 90s disney show thought VR was gonna work. Massive waste of time and money for a product that was objectively dogshit.

>>1407244
>Zuck was dumping millions upon millions into this shit

I thought he wasted billions on it?

>>1407248
Checked: Estimate is 46 billion. Fucking imagine that; 46 billion for VR Chat but worse. Genuinely might be one of the biggest tech flops ever made.

>>1407217
Is he still the majority shareholder? Or could he actually get the Steve Jobs treatment if he fucks up too badly?
>>1407214 (OP)
>>1407215
he just wants to replace them with H1Bs. H1Bs are a scam and any company that has mass layoffs like this should be banned from getting H1Bs for 5 years.

>>1407250
Zuckerberg himself is the biggest tech flop of all time. He stumbled into fb being successful despite being a retarded spaz. The fact that he was so wildly successful just proves that investors saw how much scamming their legions of indian-slaves could achieve with the platform.

Theres literally nothing unique or innovative about the site. The name was the one thing it had going for it.

>>1407253
Probably aren't many left working at fb that aren't H1B's anyways. Hell, they've outsourced tons of their staff and now are relying heavily on AI.

>>1407244
Remember when they were teasing something huge for metaverse and all it was is that they announced that their creepy metaverse avatars had knees?

>>1407236
>Zucker was replaced by an android 2 yrs ago after getting his brain tried
Fried?

>>1407287
I mentioned that; shit WASN'T EVEN FUCKING FUNCTIONING, it was pre-rendered for the demo as proof of concept.

If this was a startup instead of a project by an established company that (at least for the moment) had enough other shit to survive the catastrophic failure, it'd be eclipsing shit like Juicero or Theranos in terms of fuck ups. And honestly it still should.

>>1407296
More reasons why Zuckerberg sucks