Meta, the parent company of Facebook, will conduct 'performance terminations' this week and cut roughly 5% of its staff.

Facebook's parent company Meta made headlines this week for laying off 5% of its workers. While many big companies justify cuts by saying they need to trim costs or restructure to meet the changing future of their business.

Meta says its most recent round of layoffs was aimed at 'low performers,' but laid off staffers and experts have been questioning the company's methods.

Let’s look at critical steps companies can take to manage layoffs in a way that displays forethought and compassion. Generous severance packages mean nothing if employers don’t consider how layoffs are communicated.