Meta goes to cuts again | – #Meta #cuts
FacebookInstagram social networks and WhatsApp The messenger is owned by Meta Platforms 10 announced that he will lay off a thousand employees. Meta laid off 11,000 workers last November.
According to the BBC, the head of Meta Platforms Mark Zuckerberg (Mark Zuckerberg) wrote in his address to employees that the cuts will be “severe”. The management of the company decided to refuse to hire employees for 5,000 vacancies.
Zuckerberg believes that 2022, when Meta’s revenue plummeted, was a “sobering and alarming signal” for the company. According to him, the new economic reality will remain for many years. Earlier, Meta reported that the company’s revenue fell 4% in the last quarter of 2022, but for the year 23 billion exceeded the dollar.
Today – March 15, layoff notices will be sent to recruiting departments. At the end of April, the first layoffs will be made in the technical divisions, and at the end of May in the business divisions.
Part of Zuckerberg’s address was devoted to getting Meta’s technical work back into office mode. According to the assessment of the head of the company, “engineers in the first stages of their career work more efficiently when they come to the office at least 3 times a week.”
Meta is not the only company to lay off employees in the IT sector. GoogleThe owner of Alphabet has already laid off 12,000 people. Amazon said that 18,000 workers will be laid off due to “uncertainty in the economy”.
According to the website layoff.fyi, more than 128 thousand employees will be laid off in the IT sector in 2023.