According to a Business Insider report, Mark Zuckerberg instructed in an internal review process that at least 15% of teams be labelled as “needs support.” The restructuring could result in the layoff of 12,000 Facebook employees.
The potential layoffs were revealed last week in an anonymous post by a Meta employee. “These 15% will most likely be placed on PIP (performance improvement plan) and let go,” said a Meta employee. As Meta struggles to reverse revenue declines, Instagram will push more ads to users. According to Facebook’s internal review process, an employee labelled as “needs support” is considered underperforming and placed on a PIP, which usually results in the employee’s termination.
