A new wave of layoffs is putting pressure on the new hire recruiting department Goalthe company of Mark Zuckerberg. The company’s CEO and creator of Facebook assured in a statement that he will cut his work team by more than 10,000 layoffs.
“This is going to be difficult and we can’t avoid it. It means saying goodbye to talented and passionate colleagues who have been part of our success.. They are committed to our mission and I am personally grateful to them for all their efforts. We will support people the same way we did before and treat everyone with the gratitude they deserve,” Zuckerberg said in his Facebook post.
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It is the second time in four months that the tech giant is cutting staff en masse. In November, the CEO laid off more than 11,000 employees.
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On this occasion, those affected by the workforce reduction will be primarily employee recruiters. The decision is due to the pace of recruitment has slowed in recent yearsso keeping the same number of employees is not a priority for Meta.
More than 5,000 job postings for which there were vacancies would also be canceled.
Zuckerberg points out that they are low-priority projects are taken out of business, as he hopes 2023 will be the year of efficiency. “My hope is implement these changes in the organization as soon as possible in the year so that we can weather this period of uncertainty and focus on the critical work ahead,” he wrote.
One of these low-priority projects is NFTs for Instagram and Facebook, which will be discontinued by the company.
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“After the restructuring, we plan to lift the recruitment and transfer freezes in each group. Other relevant timelines for efficiency include the goal of completing our analysis of our hybrid work-study year this summer to further refine our distributed work model. We also aim to see a steady stream of developer productivity improvements and process improvements throughout the year,” added Mark Zuckerberg.
“Our municipality is extremely resilient. Change is never easy, but I know we will get through it and emerge as an even stronger company that can make better products faster and empower you to do the best work of your career,” concluded Meta’s CEO.
Source: Eluniverso
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