Meta Prepares to Lay Thousands of Employees

According to a source who spoke to The Washington Post, Meta is preparing to lay off thousands of more of its employees. The move comes after the Mark Zuckerberg-run company fired 11,000 employees last November.

In recent months, many technology giants have cut thousands of employees to reduce costs due to the economic uncertainty in the world. was laying off. Meta, the umbrella company of platforms such as Facebook, Instagram and WhatsApp, was among them.

The company, under the direction of Mark Zuckerberg, just a few months ago More than 11,000, equivalent to 13% He announced that he was going to lay off his employee. Today, a report by The Washington Post showed that the US technology giant is planning to make a similar move once again.

Meta plans to lay off thousands of people and place some executives in junior positions

According to the report, which was based on a person close to the subject who did not want to be named, Meta, could affect thousands of employees. is preparing to take another step of layoffs. It is stated that this move, which is described as a part of the restructuring and downsizing efforts, will both affect many different parts of the company all over the world and lead to the termination of some projects.

In addition, some of Meta’s managers will be placed in lower-level positions. was also transferred. It is also among the information that the company expects the people whose positions have been changed to resign. Speaking to the Washington Post, the person says that these moves will not happen in a single day, but may spread over the coming months.

Mark Zuckerberg wants more people to be fired after layoffs in November that you didn’t expect he had said. But the famous billionaire announced 2023 at an investor meeting earlier this month.productivity year Announcing that they will reduce middle-level management and speed up their decision-making processes, they signaled that more cuts will be made in the workforce.

All companies applying mass layoffs:

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So why are tech giants laying off their employees en masse?

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