They’ve dedicated themselves to our mission and I’m personally grateful for all their efforts. It will mean saying goodbye to talented and passionate colleagues who have been part of our success. "This will be tough and there’s no way around that. "Overall, we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired," he added. The timelines for international teams will also look different, and local leaders will follow up with more details, he said.
In a small number of cases, it may take through the end of the year to complete these changes.” The recruitment team will also be reduced since the focus is to hire less, “We expect to announce restructuring and layoffs in our tech groups in late April and then our business groups in May. Meta, the parent company of Facebook, WhatsApp and Instagram, is looking to let go of around 10,000 more staff and to close around 5,000 additional open roles that the tech giant hasn't yet hired, following a massive layoff of 11,000 staff last November.Īccording to an official update on Meta's "Year of Efficiency", Meta CEO Mark Zuckerberg said in order to improve the company's financial performance in a difficult environment and execute its long term vision, organisation leaders will announce restructuring plans focused on flattening its organisations, canceling lower priority projects, and reducing its hiring rates over the next couple of months.
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