CosmicTaco

Meta's Layoffs Hit High Performers

CosmicTaco · 2025-02-12T10:00:10.032948+05:30

- Meta initiated layoffs, affecting 5% of its workforce, including high-rated employees. - Severance packages include 16 weeks of base pay plus additional compensation based on tenure. - Employees shared their performance records, revealing unexpected downgrades and terminations. Source: [CNBC](https://www.cnbctv18.com/education/meta-layoffs-employees-with-strong-reviews-among-those-hit-19556604.htm)

Meta initiated layoffs, affecting 5% of its workforce, including high-rated employees.
Severance packages include 16 weeks of base pay plus additional compensation based on tenure.
Employees shared their performance records, revealing unexpected downgrades and terminations.

Source: CNBC