Internal Meta memo shows how its performance-based cuts will work
1. Meta is implementing performance-based job cuts beginning February 10, affecting numerous employees globally. 2. Employees will receive severance details via email and lose system access post-notification. 3. Low performers are being targeted as part of a wider strategy to enhance productivity. 4. Certain regions, including France and Germany, are exempt due to local regulations. 5. This move may disrupt operations and morale within the company temporarily.