Meta is planning a workforce reduction, targeting about 3,600 employees or 5% of its staff, as part of a shift towards stricter performance management. CEO Mark Zuckerberg's memo highlights an emphasis on promptly addressing underperformance, following earlier downsizing efforts. Concurrently, the company is making changes to its content moderation policies and phasing out diversity initiatives amidst evolving internal dynamics. Affected employees will receive generous severance packages, with notifications expected by February 10.