Meta to layoff 15-20% of employees in large teams
https://nypost.com/2025/05/22/business/meta-to-label-more-employees-as-low-performers-months-after-sweeping-layoffs/ "The company has told managers on teams consisting of 150 employees or higher to classify more workers as having performed “below expectations,” according to a May 14 memo obtained by Business Insider. The designation is expected to apply to 15% to 20% of employees on those teams, up from 12% to 15% last year. Meta will begin its midyear review process on June 16, with related meetings to continue through August."
