The social networking platform already announced in November the dismissal of 13% of its plant, some 11,000 workers. The new cut may be announced this week and had already been anticipated by the Financial Times.
Goalthe matrix of Facebook and Instagramplans to conduct another round of thousands of layoffs to improve its profitability, as published by Bloomberg. The social networking platform already announced in November the dismissal of 13% of its workforce, some 11,000 workers.
The new workforce cut may be announced this week and had already been anticipated by the Financial Times.
Meta is reviewing the staff tasks and upcoming workloads. Meanwhile, employees have complained that they are doing “zero work” and that there is a lack of clarity about the budgets or the future plant. And it is that projects and decisions that normally take days to be approved now take around a month.
In early February, the founder and CEO, mark zuckerbergannounced that it would continue to control its costs under its new mantra of “the year of efficiency.”
Mark-Zuckerberg.jpg
Meta Platforms Inc will start cutting thousands of jobs starting this week in a new round of layoffs, Bloomberg News reported Monday, just months after Facebook’s parent cut more than 11,000 jobs.
The new round of job cuts is being driven by financial targets and is separate from the “flatteningthe article said, citing sources familiar with the matter.
Meta’s mass layoffs in November, which cut more than 11,000 jobs, were among the largest in the past year and the first in the company’s history. Other tech companies including Google parent Alphabet Inc and Microsoft Corp have also cut thousands of jobs.
Source: Ambito
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