Zuckerberg touts 'year of efficiency' as Meta lays off an additional 10,000 workers
the company is letting go of another 10,000 workers or so and closing"around 5,000 additional open roles that we haven’t yet hired."
Meta will reduce the size of its recruiting team imminently and inform affected employees on Wednesday. The company will then announce layoff and restructuring efforts of its tech departments in late April and business teams in late May. Zuckerberg said it might take until the end of 2023 to complete the process, but the timelines might be different for Meta's operations outside the US. After restructuring, Meta plans to lift the hiring freeze.
"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," Zuckerberg wrote."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."
In addition, the company will"announce restructuring plans focused on flattening our orgs" and canceling lower priority projects, Zuckerberg said. Reports have suggested that the layoffs will impact teams working on wearable devices as part of the Reality Labs hardware and metaverse division.
"We still believe managing each person is very important, so in general we don’t want managers to have more than 10 direct reports. Today many of our managers have only a few direct reports," Zuckerberg wrote.
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