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Fortune
Fortune
Chris Morris

Meta just gave thousands of employees poor performance reviews that could clear the way for more layoffs during its 'Year of Efficiency'

Meta Mark Zuckerberg Facebook
(Credit: David Paul Morris—Bloomberg/Getty Images)

Just months after Meta laid off 11,000 employees, there are signs the company could be preparing for another wave of cuts.

The parent company of Facebook and Instagram has reportedly ranked thousands of employees as “subpar” in a recent wave of performance reviews. And that’s raising fears among workers that more belt-tightening is on the way.

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