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#Meta to lay off 5% of workforce, about 3000 people.
Side note: Please don’t believe a company when it cites “low performers” when it’s laying off hundreds or thousands of people. These companies start with a target head count, then work backward to figure out who to lay off. When a department gets notice about their new head count target, they *have* to lay off some number of people, many of whom are *not* poor performers. Citing “low performance” is a way to shift responsibility from poor management (or often, simple greed) to the workers, who are often victims.
#layoffs #techLayoffs
https://abc7news.com/post/meta-layoffs-thousands-facebook-employees-silicon-valley-based-company-laid-off/15889585/
Side note: Please don’t believe a company when it cites “low performers” when it’s laying off hundreds or thousands of people. These companies start with a target head count, then work backward to figure out who to lay off. When a department gets notice about their new head count target, they *have* to lay off some number of people, many of whom are *not* poor performers. Citing “low performance” is a way to shift responsibility from poor management (or often, simple greed) to the workers, who are often victims.
#layoffs #techLayoffs
https://abc7news.com/post/meta-layoffs-thousands-facebook-employees-silicon-valley-based-company-laid-off/15889585/
Thousands of Meta employees to be laid off, company says
Facebook's parent company said it planned to cut 5% of its workforce; affected workers will be notified by emailABC7 San Francisco
