Chris Kerr, News EditorJanuary 15, 20252 Min ReadHeadshot via MetaAt a GlanceMeta is laying off even more workers after previously cutting 21,000 roles across 2022 and 2023.Reality Labs and Facebook owner Meta intends to cut around 5 percent of its global workforce to "move out low performers faster."As first reported by Bloomberg, an internal memo penned by Meta CEO Mark Zuckerberg informed staff the company will be pursuing "more extensive performance-based cuts this cycle."Zuckerberg said he wants to "raise the bar on performance management" ahead of an "intense year."The full memo was later obtained by CNBC and claims Meta is currently working on "some of the most important technologies of the world.""Meta is working on building some of the most important technologies of the world. AI, glasses as the next computing platform and the future of social media. This is going to be an intense year, and I want to make sure we have the best people on our teams," wrote Zuckerberg."I've decided to raise the bar on performance management and move out low performers faster. We typically manage out people who arent meeting expectations over the course of a year, but now were going to do more extensive performance-based cuts during this cycle, with the intention of back filling these roles in 2025."We wont manage out everyone who didnt meet expectations for the last period if were optimistic about their future performance, and for those we do let go, well provide generous severance in line with what we provided with previous cuts."Meta said people impacted by the cuts will be notified on February 10, 2025, if they reside in the United States. Employees based elsewhere will find out later.This is the third round of major layoffs at Meta in recent years. The company slashed 11,000 jobs in 2022 before cutting another 10,000 roles in 2023.The company formerly known as Facebook is attempting to reposition itself as a metaverse pioneer, but has lately become something of a low performer itself under the stewardship of Zuckerberg.Meta's stumbling Reality Labs division, which houses many of its metaverse initiatives including the Quest headset business, lost $4.4 billion during the last quarter.It's an eye-watering loss that has become normalized within Meta. The division reported full-year losses of $16.1 billion and $13.7 billion across 2023 and 2022, respectively. Meta execs expect that trend to continue for the foreseeable future.Read more about:[Company] MetaLayoffsAbout the AuthorChris KerrNews Editor, GameDeveloper.comGame Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, andPocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.See more from Chris KerrDaily news, dev blogs, and stories from Game Developer straight to your inboxStay UpdatedYou May Also Like