Meta to fire 10,000 more people, Mark Zuckerberg says
Meta will fire another 10,000 people, chief executive Mark Zuckerberg has said.
It will also leave 5,000 roles that are currently empty unfilled, he announced.
The parent company of Instagram, Facebook and WhatsApp already laid off about 11,000 people towards the end of last year.
He admitted that the update may “feel surprising”, but said they were part of a philosophy of “building leaner, more technical company improving our business performance”.
At least some of those staff will be fired from Meta’s recruiting team, he said, and he indicated that the others may be from non-engineering roles. Otherwise, he gave no indication of which staff may be let go and said affected staff would hear about their future in April and May.
Mr Zuckerberg said the layoffs were part of a “restructuring” and Meta’s “year of efficiency”. They may not be finished until the end of 2023, he said.
“This will be tough and there’s no way around that,” he wrote in a memo to staff. “It will mean saying goodbye to talented and passionate colleagues who have been part of our success.”
In the same announcement, Mr Zuckerberg indicated that the company will become “flatter”, with fewer levels of management.
When the restructuring is over, the company will lift its hiring freezes, he said.
Meta is also planning to complete an “analysis” of hybrid work to “refine our distributed work model” by this summer, Mr Zuckerberg said, suggesting that it would increase efficiency. He did not give any indication of what that might mean for staff, many of whom are still working outside the office.