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.

The CEO of Meta, Mark Zuckerberg, informed his employees through a memo about the decision to cut approximately 5% of its workforce this year. The entrepreneur warned that 2025 will be an intense year.

Meta’s plan to achieve 10% “non-regrettable" attrition by the end of the current performance cycle led to the 5% jobs cut

Meta's recently announced cuts come after several restructuring efforts by the social media giant in recent years.

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

Meta is preparing for even more layoffs, according to reporting by Bloomberg. CEO Mark Zuckerberg said in a company memo that he plans on cutting about five percent of its "low-performers." “I’ve decided to raise the bar on performance management and move out low-performers faster,

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

Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of an “intense” year ahead. Meta had roughly 72,000 people, so a 5% reduction would mean a loss of 3,

In it, Zuckerberg confirmed that Meta was shifting its strategy to "move out low performers faster" so that Meta can hire new talent to fill those vacancies this year. "I’ve decided to raise the bar on performance management,