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    PM Modi Unveils Rs 35,000 Crore Projects in Vadodara, Completes 2,843-km Freight Corridor

    PM Modi Unveils Rs 35,000 Crore Projects in Vadodara, Completes 2,843-km Freight Corridor

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    Deepa Jewellers Share Price: Stock Lists 25% Above IPO Issue Price at Rs 221

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    PM Modi Unveils Rs 35,000 Crore Projects in Vadodara, Completes 2,843-km Freight Corridor

    PM Modi Unveils Rs 35,000 Crore Projects in Vadodara, Completes 2,843-km Freight Corridor

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    Mazagon Dock Appoints K.M. Ravi Kumar as Independent Director

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    GAIL, Petronet LNG Partner With IIT Hyderabad to Drive Digital Innovation in Energy Sector

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    Odisha Govt Transfers 3 IAS Officers; Suresh Kumar Vashishth Made Principal Secretary, Public Grievances Dept

    IAS Pallavi Mishra Appointed ADC (Rural Development), Amritsar

    IAS Pallavi Mishra Appointed ADC (Rural Development), Amritsar

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    Adani, NTPC Among 5 Applicants for Rs 37,500 Crore Coal Gasification Scheme

    Adani, NTPC Among 5 Applicants for Rs 37,500 Crore Coal Gasification Scheme

    Vice President Lays Foundation for Rs 110 Crore Infrastructure Projects in Guwahati

    Vice President Lays Foundation for Rs 110 Crore Infrastructure Projects in Guwahati

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    Muthoot MCred Appoints Dr George Paul as Internal Ombudsman, Vigneshwaran Subramanian as CRO

    GAIL, Petronet LNG Partner With IIT Hyderabad to Drive Digital Innovation in Energy Sector

    GAIL, Petronet LNG Partner With IIT Hyderabad to Drive Digital Innovation in Energy Sector

    DAC Approves ₹1.10 Lakh Crore Defence Deals for Army Navy and IAF

    DAC Approves ₹1.10 Lakh Crore Defence Deals for Army Navy and IAF

    India’s E-Waste Holds Untapped Potential for Urban Mining, Says Expert

    India’s E-Waste Holds Untapped Potential for Urban Mining, Says Expert

    Trending Tags

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    • Apple
    • RBI
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    Deepa Jewellers Share Price: Stock Lists 25% Above IPO Issue Price at Rs 221

    Deepa Jewellers Share Price: Stock Lists 25% Above IPO Issue Price at Rs 221

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    Rupee Falls 10 Paise to 94.66 Against Dollar as Crude Oil Nears $98

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    Stock Market Today: Sensex Falls 380 Points, Nifty Below 23,800 as Oil Prices Rise Amid US-Iran Tensions

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    Indian Rupee Rises 4 Paise to 94.39 Against US Dollar in Early Trade

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    Rupee Today: Indian Currency Rises 5 Paise to 94.46 Against US Dollar

    Gold Rate Today, (Sep 3): Check 24K, 22K Gold & 999 Silver Prices Amid Global Crises

    Gold Rate Today, (Sep 3): Check 24K, 22K Gold & 999 Silver Prices Amid Global Crises

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    Redington Appoints Varun Kumar Sharma as Practice Head – Cybersecurity & Network

    Redington Appoints Varun Kumar Sharma as Practice Head – Cybersecurity & Network

    Emmaline Rao appointed Vice President-HR at Dream11

    Emmaline Rao appointed Vice President-HR at Dream11

    “AI has solved part of the software creation problem but not the software delivery problem.”: Sanjay Nagaraj, SVP, Global Engineering, Harness.

    “AI has solved part of the software creation problem but not the software delivery problem.”: Sanjay Nagaraj, SVP, Global Engineering, Harness

    Wipro Appoints Ujjwal Jyoti as SVP and Global GCC Practice Lead

    Wipro Appoints Ujjwal Jyoti as SVP and Global GCC Practice Lead

    ‘Acer is making AI a meaningful enabler across its product portfolio’: Sooraj Balakrishnan, Head of Marketing, Acer India

    ‘Acer is making AI a meaningful enabler across its product portfolio’: Sooraj Balakrishnan, Head of Marketing, Acer India

    Nvidia To Acquire Hugging Face: Why The $12.93 Billion Deal Matters

    Nvidia To Acquire Hugging Face: Why The $12.93 Billion Deal Matters

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Meta’s Latest Cuts Prove No Job Security, Despite Being Star Employees!

By: Editorial Desk

The impacted employees are confused and frustrated by the layoffs, which are a part of the company's recent restructuring efforts

by Editorial Desk
February 12, 2025
in HR
Reading Time: 2 mins read
Meta’s Latest Cuts Prove No Job Security, Despite Being Star Employees!

Meta’s Latest Cuts Prove No Job Security, Despite Being Star Employees!

Summarize with:

Nearly 4,000 workers were let go by Meta this week in yet another wave of layoffs, including a number of people who say they had good performance assessments the previous year. The impacted employees are confused and frustrated by the layoffs, which are a part of the company’s recent restructuring efforts.

 Several workers said that they were included in the layoffs even though they had mid-year ratings of “At or Above Expectations” in 2024, according to a Business Insider article. These workers, who asked not to be named, said that they were in danger of being fired when their scores were suddenly dropped to “Meets Most” in the year-end reports.

Previously, Meta has advised managers to fire about 5% of the company’s lowest-performing employees. Internal records, however, revealed that the instruction permitted managers to lay off just lower-rated staff in order to include higher-rated people if they were unable to fulfill their targets. Many staff were caught off guard by this knowledge, which was not disclosed to the larger group of workers.

“When I received the email I was surprised by it mostly because I have a very solid performance history and no indicators of the last six months of performance problems,” one affected employee told BI. Another employee echoed this sentiment, saying they had been given no indication from their manager that their job was in jeopardy because the worker got good performance feedback.

Although Meta’s 2024 evaluation process started in December, many employees have not yet received their final assessments. Some employees were suddenly degraded, making them eligible for the cutbacks, despite having received positive feedback over the years. One employee was upset that after years of fulfilling standards, they were demoted during this most recent review cycle without providing an explanation.

As the firm concentrates on its investments in virtual reality and artificial intelligence, CEO Mark Zuckerberg is attempting to reduce Meta’s personnel through the layoffs. Meta intends to keep reducing what it views as its worst performers even as it seeks to add additional machine learning engineers.

Also Read –
  • Restructuring At Instacart Leads To Slashing Of 250 Employees
Summarize with:
Tags: CEO Mark ZuckerbergDespite Being Star Employees!HRhr trendsjob cutslayoffsMetaMeta 2024Meta’s Latest Cuts Prove No Job SecurityNo Job Securityrestructuring effortsstar performers not spared
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