Meta says it won't chop the bottom 5% performers this year

Source: Business Insider

Mark Zuckerberg, CEO and founder of MetaDavid Paul Morris/Bloomberg/Getty Images/ReutersMeta denies plans for new performance-based layoffs amid online speculation. Meta previously considered annual job cuts based on performance to manage low performers. Meta recently cut 10% of its Reality Labs division, affecting over 1,000 employees.