Meta, which owns Facebook, Instagram, and WhatsApp, has announced that it will cut 10,000 jobs.
It comes months after the tech giant laid off 11,000 employees in November 2022.
Meta chief executive Mark Zuckerberg said the cuts would be “tough”, and formed part of a “year of efficiency”.
In addition to the 10,000 jobs being lost, 5,000 open roles at the company will be left unfilled.
Mr Zuckerberg told staff the recruitment team would be one of those first affected by the cuts.
“We will let recruiting team members know tomorrow whether they’re impacted,” he wrote in a memo to employees on Tuesday.
“We expect to announce restructurings and layoffs in our tech groups in late April 2023, and then our business groups in late May 2023.
“In a small number of cases, it may take through to the end of the year to complete these changes.
“Our timelines for international teams will also look different, and local leaders will follow up with more details.”
Reducing management and hybrid working
Mr Zuckerberg said there would be no new hires until the restructuring was complete, and said he aimed to make the company “flatter” by “removing multiple layers of management”.
He also dedicated a section of the correspondence to hybrid work, and said software engineers who joined Meta in-person performed better than those who joined remotely – indicating that this would change as part of the company’s “year of efficiency”.
“Engineers earlier in their career perform better on average when they work in-person with teammates at least three days a week,” he added.
“We’re focusing on understanding this further and finding ways to make sure people build the necessary connections to work effectively.
“In the meantime, I encourage all of you to find more opportunities to work with your colleagues in person.”
Source: BBC
