Meta Job Cuts
LM NEWS 24
LM NEWS 24

Meta To Announce Fresh Round Of Job Cuts In Facebook, Instagram

Meta Job Cuts

Facebook parent company Meta is all set to commence the companywide new job cuts on Wednesday as part of reorganising teams and management hierarchies, The Washington Post reported.

According to the internal memo that a US-based newspaper read, Meta’s head of human resources, Lori Goler, wrote Tuesday evening that the company will begin notifying employees regarding the downsizing of technical teams.

Meta is also poised to announce newly reorganized teams and management hierarchies as the social media giant seeks to become leaner and more efficient.

This new layoff will affect the teams working on Facebook, WhatsApp, Messenger, Instagram and the virtual-reality division Reality Labs among others, according to Goler.

According to the memo, Goler advised some employees not to go into the office if it wasn’t critical for their role. Senior leaders made layoff decisions as part of the wider restructuring effort, Goler added.

“This will be a difficult time as we say goodbye to friends and colleagues who have contributed so much to Meta,” she wrote. “It will take time for everyone — both those leaving and those staying — to process tomorrow’s news, and I know teams will show up for each other with compassion, support and care,” she added.

The company is expected to lay off what probably will be thousands of highly skilled employees — such as engineers and other technical staffers — who help build the company’s products, according to people familiar with the matter.

Earlier, in March, Meta said that they will remove 10,000 employees from their team.

“we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired,” Meta CEO Mark Zuckerberg said in a statement published on Meta.

He further stated, “This will be tough and there’s no way around that. It will mean saying goodbye to talented and passionate colleagues who have been part of our success. They’ve dedicated themselves to our mission and I’m personally grateful for all their efforts.”

“We will support people in the same ways we have before and treat everyone with the gratitude they deserve,” he added. (ANI)

Read More: http://13.232.95.176/

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are essential in order to enable you to move around the website and use its features. Without these cookies basic services cannot be provided.

Cookie generated by applications based on the PHP language. This is a general purpose identifier used to maintain user session variables. It is normally a random generated number, how it is used can be specific to the site, but a good example is maintaining a logged-in status for a user between pages.
  • PHPSESSID

Used on sites built with Wordpress. Tests whether or not the browser has cookies enabled
  • wordpress_test_cookie

In order to use this website we use the following technically required cookies
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

Decline all Services
Accept all Services
0
Would love your thoughts, please comment.x
()
x