Meta assured affected employees that they would receive 'generous severance' packages. The decision aligns with Zuckerberg’s ongoing 'Year of Efficiency' initiative, which aims to streamline operations and optimise costs.

Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a memo viewed by The Post.

Meta has made numerous company-wide shifts in preparation for President-elect Donald Trump’s impending return to the White House next week.

Chief Executive Mark Zuckerberg said the cuts are necessary as the company builds ‘the most important technologies in the world.’

Meta will soon lay off more “low-performers” across the company, according to an internal memo from CEO Mark Zuckerberg that was shared by a source at the company. “I’ve decided to raise the bar on performance management and move out low-performers faster,

It was such a busy week for Meta that even the most steadfast Zuckerberg news junkies might have missed some of his transformative decisions. Here's a recap of all the changes a man with the net worth of over $200 billion made to one of the most powerful and influential tech companies in the world just a week before Trump takes office.

After visiting President-elect Donald J. Trump in November, Mr. Zuckerberg decided to relax Meta’s speech policies. He asked a small team to carry out his goals within weeks. The repercussions are just beginning.

Mark Zuckerberg said Meta planned to make more extensive performance-based cuts." Staffers questioned how those would work.

Meta Platforms Inc. is planning to cut about 5% of its lowest performers with the intent of backfilling their roles this year, according to an internal memo sent to employees. “I’ve decided to raise the bar on performance management and move out low-performers faster,