company meta*who owns the social network Facebook* and Instagram*, as well as the popular instant messenger WhatsApp, plan to carry out a new series of layoffs of thousands of employees in the coming days. This will be reported Bloomberg with reference to “informed sources”.
In an attempt to further streamline its operations, the company laid off 13% of its employees in November — about 11,000 people. This was one of the largest layoffs in the company’s history. In addition, it simplifies the structure of the organization, including cutting projects entirely that it deems insignificant. Relatively recently, CEO Mark Zuckerberg dubbed the current year “the year of efficiency.”
However, the next round of cuts is related to the company’s financial goals and has nothing to do with overhauling the corporate structure, according to sources. meta guide*, whose ad revenue growth has slowed and the focus of activity has shifted to the implementation of projects related to the metaverse, asked managers for lists of employees who can easily be fired for the business. However, in meta itself* Rumors are not commented on.
The phase of layoffs could end next week. According to some reports, when Mark Zuckerberg goes on “maternity leave” in connection with the birth of his third child, managers are in a rush to finish work.
If the November cuts were a kind of “surprise”, then Meta employees are discussing a new round.* It’s been a long time and management has repeatedly raised the issue in performance reports. Reportedly now on the meta team* fear and low morale. Some worry that they will not be able to collect their bonuses, which should actually be paid out this month, if they lose their jobs earlier.
* 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”.