Meta slashing 5% of staff to start 2025, moving out ‘low performers’
What’s going on at Meta?
Meta, the parent company of Facebook, Instagram, and WhatsApp, is set to cut approximately five per cent of its workforce, focusing on its lowest-performing employees.
“I’ve decided to raise the bar on performance management and move out low performers faster,” CEO Mark Zuckerberg said in a memo to staff.
“We typically manage out people who aren’t meeting expectations over the course of a year, but now we’re going to do more extensive performance-based cuts during this cycle, with the intention of back filling these roles in 2025.”
Affected workers will reportedly be notified by Feb. 10 and receive severance pay in line with what the tech giant has provided previously.
SEE ALSO
• Meta trims Reality Labs, Instagram, and WhatsApp teams
• Microsoft starting 2025 with performance-based job cuts
• Wayfair cutting 3% of global workforce, exiting Germany
Impact on Canadian staff
It remains unclear if the workforce reduction at Meta will affect Canadian employees.
According to LinkedIn, the company has more than 1,000 workers in the country.
ADDITIONAL RESOURCES
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• Fired after a bad performance review in B.C.: Employee rights
Next steps for Meta employees
If you’re fired or let go at Meta, understanding your legal rights is crucial.
Non-unionized employees in Canada’s tech industry are entitled to severance pay based on a variety of factors, including their role, tenure, age, and ability to find similar work.
Here’s what you need to know:
- Compensation: Severance packages, which can be as much as 24 months’ pay, may include salary, bonuses, commissions, and other forms of compensation. Use our firm’s free Severance Pay Calculator to better understand your entitlements.
- Deadlines: You generally have up to two years from the date of your termination to review and negotiate severance offers.
- Action steps: Consult an employment lawyer at Samfiru Tumarkin LLP to ensure your severance package is fair and aligns with Canadian employment laws.
💡You Have Rights! For a broader understanding of your severance rights, visit Meta Layoffs: Your Rights and Severance Pay Explained.
New year, more job cuts
The workforce reduction at Meta comes after many major employers scaled back their staffing levels in 2024.
Big names, including Google, RBC, Cargill, Vale, Windsor University, Mohawk College, Sheridan College, Marriott, Rogers, General Motors, AMD, and Visa, pulled out the axe last year.
SEE ALSO
• Salesforce to cut jobs at ‘Own’ following $2-billion acquisition
• Amazon Layoffs: Nearly 14,000 managers could be axed to cut costs
• Where are layoffs happening in Canada?
• Pocket Employment Lawyer: Real-time insights on your rights
Lost your job? Contact us
If you’re fired or let go at Meta for any reason, the experienced employment law team at Samfiru Tumarkin LLP can help.
Our lawyers in Ontario, Alberta, and British Columbia have helped tens of thousands of non-unionized individuals resolve their workplace issues.
Call us today at 1-855-821-5900 or request a consultation online.
Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.