Meta targets more 'underperformers' in mid-year reviews, internal memo shows
1. Meta increases its 'Below Expectations' rating to 15-20% of employees. 2. Mid-year reviews may lead to further layoffs in the future. 3. Zuckerberg aims to expedite removal of low-performing staff. 4. This follows a previous wave of nearly 4,000 layoffs earlier this year. 5. Meta's strategy aligns with broader tech industry trends toward performance management.