NAIRAMETRICS
Facebook owner Meta Platforms is set to implement another round of layoffs across its operations in Africa, Europe, and Asia starting Monday next week.
The company informed its staff of the plans in an internal memo seen by Reuters on Friday.
Notices will go out to employees losing their jobs starting at 5 a.m. local time Monday in most countries, including in the U.S., according to one of the posts, authored by Meta’s Head of People Janelle Gale.
However, employees in Germany, France, Italy and the Netherlands will be exempt from the cuts “due to local regulations,” while those in more than a dozen other countries across Europe, Asia and Africa will receive their notifications between February 11 and February 18, it said.
Lowest performers to be affected
The company confirmed last month that it was planning to trim about 5% of its “lowest performers” and backfill at least some of the positions.
- The Friday memo, in which Gale referred to the cuts as “performance terminations,” was first reported by The Information.
- Unlike with previous company-wide layoffs, Meta was planning to keep its offices open on Monday and would not issue any updates providing further details on the decisions, Gale said in her post.
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