The fluctuations in the global economy cause giant companies to make significant changes in their work plan. Meta, of which Mark Zuckerberg is the CEO, is just one of these companies. It seems that the company is about to make radical decisions in the fight against the economic crisis.
Zuckerberg asks his managers to identify people to be fired
Mark Zuckerberg voiced his economic concerns at a question and answer event earlier this month. So much so that the famous name, who described the situation in the company as “one of the worst declines of Meta in recent history”, gave the order to his managers.
Maher Saba, Vice President of Meta Asset and Engineering, has ordered executives in key positions to shrink their teams, according to The Information. In the letter sent, there is a warning “identify poorly performing employees”. The company will determine the people to be fired with this method.
Going to a major change in 2021, the company changed its Facebook name to Meta. Then Mark Zuckerberg’s crazy project Metaverse entered our lives. Although it is seen as a rising period for the company, the current global crisis is also showing its effects on the company.
Speaking at an event he attended in the first days of July, Zuckerberg gave the signals of layoffs. He stated that the company set difficult goals and that it was a process that employees would have difficulty with. Mark Zuckerberg also said in a statement that he hopes more aggressive targets will cause some staff to leave.
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