Meta could make performance-based job cuts an annual practice, leaked memo suggests
1. Meta plans annual performance-based job cuts to raise performance standards. 2. Job cuts target 5% of lowest-performing employees by February 10. 3. Affected employees will receive bonuses and stock vesting despite layoffs. 4. Culture shift aims for non-regrettable attrition and improved company performance. 5. Internal memo suggests this could be an ongoing strategy for Meta.