Ma wants to lay off another 10000 employees and close

M**a wants to lay off another 10,000 employees and close 5,000 jobs

company meta* lay off another 10,000 employees in the coming months. In addition, 5,000 current vacancies will be filled. About it on Facebook* said the head of the company Mark Zuckerberg (Mark Zuckerberg). Recall that in November the company has already laid off 11,000 employees.

    Image Credit: Mark Zuckerberg

Image Credit: Mark Zuckerberg

The first wave of layoffs begins this week. The job cuts include hiring new employees. Some technical positions will be eliminated in April. The third wave starts in May and will cover the company’s business segment. Shares of the company rose 4% on Tuesday after announcing future cuts, CNN notes.

“I hope that we will move through all of these reorganization processes as quickly as possible, get through this period of uncertainty and focus our efforts on the important work that lies ahead.”wrote Zuckerberg.

During the recent shareholders’ meeting, Zuckerberg noted that he wants to increase “corporate efficiency” this year, although at the same time meta* invests billions of dollars in the development of his metaverse. According to Zuckerberg, he plans to “smooth» Company structure, abolition «some levels of middle management to be able to make certain decisions more quickly“.

* It is included in the list of public associations and religious organizations for which the court made a final decision to liquidate or ban activities on the grounds provided for in Federal Law No. 114-FZ of July 25. 2002 “On Countering Extremist Activities”.

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Robbie Elmers

Robbie Elmers is a staff writer for Tech News Space, covering software, applications and services.

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