Meta gives thousands of workers poor performance reviews, a sign that more job cuts could be coming

Facebook parent company Meta gave thousands of employees poor reviews, indicating that more layoffs could be coming after the company laid off 13 percent of its staff in November 2022, The Wall Street Journal reported Feb. 17.

Advertisement

The poor reviews come after CEO Mark Zuckerberg said 2023 would be a “year of efficiency.”
Meta leadership told the Journal that they expect the performance reviews to lead workers to depart and if not enough workers leave, they will consider another round of layoffs.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Disruptors

Advertisement

Comments are closed.