This does not seem like a layoff but more like business as usual: Meta announces 5% cuts in preparation for ‘intense year’ — read the internal memo
I once worked for a company that aimed at every six month performance review to put 7.5% of the workforce on “Performance Improvement Programs” – or 15% annually. A PIP meant the worker was not performing up to expectations and resulted in a 6- or 12-week plan of action; if the goals of the plan were not completed, the employee would be terminated. It was common for employees on a PIP to be terminated.
“Protected-class” employees received 12-weeks and non-protected class employees received 6-weeks. group.
Update: All my news sources have LOTS of stories about Federal job layoffs and how awful that is for those being laid off. There are no similar stories about those just laid off in these tech sector layoffs. See how the media can influence your views?