[llampx]

Why don't they already do something about the low performers without needing such an initiative? What I've read about layoffs also implies that its not necessarily only the low performers who are let go, that it can be quite random which I don't understand -- why would a company randomly let people go if it has information about who are its lower rung performers?

[legitster]

Facebook has only hinted that they have to trim headcount. Literally everything else in this article is pure speculation - no one knows what the actual process will be.

More than likely Facebook (sorry, Meta) will probably do it by team and trim underperforming departments. A low performer in an important department is probably more likely to stick around than a high performer in a money pit.