"Meta Employees Face Layoff Angst Amid Tough Reviews and Reorgs"

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Source: Business Insider
"Meta Employees Face Layoff Angst Amid Tough Reviews and Reorgs"
Photo: Business Insider
TL;DR Summary

Meta employees are facing anxiety as the company concludes its annual performance reviews, with some fearing potential job losses amid ongoing reorganizations and a focus on "efficiency." CEO Mark Zuckerberg's emphasis on smaller, more productive teams has led to concerns about layoffs, with some departments already experiencing incremental job cuts. Employees receiving lower performance ratings may be offered severance packages, and compliance with the return-to-office mandate has become a significant factor in reviews. The company's stock price has reached a record high, but the atmosphere of uncertainty and fear of layoffs persists among workers.

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