Meta's Layoffs: Performance-Based Cuts or Just Bad Timing?

Vol-TE

Apprentice
Meta's latest layoffs of 3,600 employees have raised eyebrows, with CEO Mark Zuckerberg branding them as “low performers.” This move follows a staggering 21,000 job cuts in the past two years, ostensibly to enhance performance management. However, many affected employees argue their solid performance records contradict this narrative. Allegations of bias against those who recently took parental leave also surfaced. While Meta's stock is soaring, the “low performer” label may haunt those laid off, challenging the company’s reputation amid ongoing changes in leadership and strategy.

What do you think about performance-based layoffs? Are they fair or just a way to shift blame?

Source: https://www.fastcompany.com/9127689...mers-defend-themselves-on-linkedin-and-reddit