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Layoffs could be coming to Meta according to the firm’s head of remote presence and engineering.
In a memo to engineering managers, Maher Saba wrote that leaders must “think about each person on their team and the value they are adding to Meta.”
“If a direct report is coasting or a low performer, they are not who we need; they are failing this company,” said Saba. “As a manager, you cannot allow someone to be net neutral or negative for Meta.”
Saba added that managers should report “anyone who needs support” to put them through Meta’s performance tool, and “exit people” who are not meeting the firm’s performance bar.
Just recently, CEO Mark Zuckerberg attempted to ease fears about potential layoffs after Meta announced it would be pausing its hiring efforts.
“I can’t sit here and make a permanent ongoing promise that as things shift that we won’t have to reconsider that,” Zuckerberg said at the time. “But what I can tell you is that as of where we sit today, our expectation is not that we’re going to have to do that.”
This news comes months after tech companies went on hiring sprees to accommodate skyrocketing consumer demand. However, inflation and an impending recession have since slashed hopes of climbing profits.
As a result, companies like Tesla and Twitter have recently conducted layoffs in an attempt to alleviate the losses expected from an economic downturn.
