Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on Tuesday.

Meta will remove 5% of its existing workforce via performance-based terminations, according to an internal memo seen by Bloomberg. I’ve decided to raise the bar on performance management and move out low performers faster,” Mark Zuckerberg said in the memo.

Meta, the parent company of Facebook and Instagram, is cutting the lowest-performing 5% of its workforce and plans to fill those roles later this year, the company said in a memo.