After 10 years of uninterrupted growth, restructuring became inevitable for Facebook’s umbrella company Meta, which started to lose users with the effect of global inflation. This includes layoffs.
Meta rebuilds
According to the statement, the dismissal of the personnel and the restructuring of the operation teams are being discussed in order to take faster action in the economic course. Meta currently does not want to use the definition of dismissal, but a significant number of employees will be fired in the future.
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Mark Zuckerberg states that they are going through difficult times and they will set a performance criterion for employees. Forms are already sent to the employees for the job positions to be renewed within the company. These forms, which must be completed within 30 days, will be evaluated according to the employee’s performance and, if necessary, this person can be dismissed or appointed to a new position. It has not yet been announced how many people will be laid off in total. The company has around 83,000 employees in total.
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