Meta reportedly targets ‘low performers’ again, stoking fears of layoffs

(KRON) — Meta is again reportedly targeting “low performers,” raising possible concerns of layoffs following performance-based job cuts earlier this year. A report from Business Insider cites an internal memo asking managers to classify more employees as performing “below expectations” in mid-year performance reviews.

The Facebook parent company has already cut nearly 4,000 workers this year, whom it also labeled as low performers. The memo, according to BI, was shared on Meta’s internal forum on May 14.

Meta reportedly is asking managers of teams of 150 or more to mark 15% to 20% of employees as “below expectations,” the lowest tier in Meta’s performance classifications. That’s an increase over last year when the company looked to identity 12% to 15% of employees in that bucket, BI said.

The memo also reportedly stated that the mid-year performance review was “an opportunity to make exit decisions.”

However, in what could be reassuring news to Meta employees, the memo also assured that “there will be no company-wide performance terminations, unlike earlier this year.” Instead, leaders are expected to manage the performance of direct reports.