Meta CEO Mark Zuckerberg kicks off 2023 with what he calls the company’s “Efficiency year“After 2022, which he said was a “challenging year.”
About six weeks after its initial announcement, Zuckerberg issued An update Starting from March — 10,000 on Meta’s effective year Additional layoffs.
In a letter to employees, Zuckerberg highlighted that the main goals are to be a better company overall and to reduce costs as a way to implement the company’s long-term vision. He also detailed a timeline of what employees should expect in the coming months: Those on the recruiting team will know if they were laid off that week, tech workers will be notified of restructuring and layoffs in April, and business groups will be able to find out. Out in May. In a small number of groups, restructuring and layoffs can take up to the end of the year.
On Wednesday, the latest round of layoffs took place right on schedule and affected technical staff in roles such as engineering, graphics and user experience.
“Well guys, I’m sad to say that I was part of a round of layoffs at Meta today,” wrote one affected worker. LinkedIn. “I’m about halfway through my maternity leave and very anxious to start looking for a job.”
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The restructuring and layoffs are intended to reduce the size of the company by about 10,000 people, and will close about 5,000 jobs that have not yet been filled.
Zuckerberg The March announcement said sharing the layoff timeline was an effort to be more transparent. “I know that sharing plans for restructuring and layoffs months in advance makes for a challenging period,” he said. “But last fall, we heard feedback that you want more transparency early on in any restructuring plans, so that’s what I’m trying to provide here.”