Meta Mark ZuckerbergImage Credit source: Symbolic picture
The phase of retrenchment in Facebook is not stopping, now the sword is hanging on 6 thousand jobs, in fact Meta is ready to start a new round of retrenchment. The company’s Global Affairs President Nick Clegg has informed the employees and other people during a company meeting. Meta CEO Mark Zuckerberg recently announced that the next round of layoffs will begin in May 2023. Now, ahead of its official announcement, its information has been leaked online.
Let us tell you why the company is now laying off so many people and how many employees had to lose their jobs in the earlier retrenchments. See here the complete details of the case of layoffs done by Meta in 2 years.
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Meta will hire 6,000 employees next week
According to reports, around 6,000 employees will be fired from Meta next week. The company fired 11,000 employees in November and announced 10,000 job cuts in March 2023. Meta, Facebook’s parent company, has laid off 4,000 employees, which means another 6,000 people remain on the list who will be asked to leave in May.
Even before this there have been layoffs in Meta
Earlier in April, Zuckerberg had asked Meta to show the way out to several thousand employees to make some changes in the team to correct the company’s performance. And in March it was decided to lay off 10,000 employees to reduce the cost of the company. Now in the latest round of retrenchment, 6,000 employees will lose their jobs.
Mota’s biggest layoff was in 2022
The biggest layoff was done by Meta in the year 2022 in November. The company had fired 11,000 people. In such a situation, the workforce of Meta was reduced by 13 percent. Zuckerberg wanted to coordinate the company’s technologist-engineers and business-administrative staff.
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