Facebook is preparing for another weight loss, and employees are again shaking at the thought of layoffs. Currently, many managers of the company are threatened with dismissal. They were asked to return to their usual jobs or leave the company.
Facebook is planning a “flattening structure” that could cost many of the company’s managers their jobs. According to anonymous sources, people in leadership positions should have heard some kind of ultimatum.
Facebook preparing layoffs? Managers have a choice
According to Bloomberg’s anonymous sources, Facebook plans to cut the company further and increase efficiency to pardon its shareholders. In particular, people in leadership positions may be afraid.
They had to be told that either they would go back to work as “individual employees” or they would have to be fired. A meta-specific term refers to people involved in day-to-day work, including coding programs, developing new website elements, or researching for new services and features. Colleagues do not have a team under them.
In the coming weeks, the company will host face-to-face talks between senior executives and subordinate teams. These will be conducted in addition to regular performance interviews, which are also ongoing.
Journalists’ sources also say the atmosphere at the company has been uncertain since the first wave of layoffs last year.
Major layoffs at Facebook
As we wrote in Wprost.pl, in November 2022, the owner of Meta (formerly Facebook) Mark Zuckerberg announced the dismissal of 13 percent. crew. 11,000 people have lost their jobs. from 87 thousand employees. “I know this is hard for everyone and I especially apologize to those affected by this,” Zuckerberg said in a statement.
It was the largest job cut in the company’s history and, as it turned out, quite costly. This is indicated by data published on Twitter by head of news at Yahoo Finance Miles Udland. Each dismissed employee was supposed to cost the company about PLN 88,000. dollars.
Source: Wprost
I am George Brown, author at Daily News Hack. I mostly cover economy news and I have been doing this for quite some time now. I have a lot of experience in this field and I’m always looking for new opportunities to learn more.
