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Reports suggest that a leaked internal Meta document, citing 3000 intended employee layoffs, was posted by Janelle Gale, Meta's Human Resources Vice President. This constitutes about five percent of their workforce.
Affected employees will be informed about their job status on Monday and will be sent an email detailing the same. The document can be found on Meta's Workplace forum.
International employees will have their layoffs commence on SundayIST at 2:30 am. US employees will have to sit through an entire Tuesday. Gale did note that the company's system would be inaccessible within an hour of the employee receiving said email. Alongside providing details on severance packages, the email will also outline details regarding the cessation of access to the company's systems.
Gale did note the emotional toll of having to go through this process and called Meta employees who have managers and colleagues that are optimistic about automation. Assuming that productivity can rise at Meta's desire, Gale's gamble has paid off in the past – after all, Meta shifts its employees to cubicles to contain the spread of negative first hand accounts.
The company has not provided the names of specific employees whose roles are being eliminated. Some of these positions might be filled again later on, but there is no designated schedule. A new reporting manager will be appointed to employees whose superiors are made redundant.
Meta Chief Executive Officer Mark Zuckerberg did previously suggest there would be cuts, saying the company was increasing the bar when it came to performance.
As a rule of thumb, Meta lets go of all those who demonstrably underperform over a year, and by all accounts, this time around, as the name suggests, the Meta layoffs will be much more significant. In the meantime, popular retailers like Amazon recently fired dozens of employees, or like Salesforce who let go of roughly 1,000 jobs this year. It seems the trend of efficiency measures taken in the tech sector is here to stay, resulting in rampant job cuts.
New Delhi: A well-placed source within Meta claims, and documents leaked internal memos, suggest that the firm intends to WIPF and lay off approximately 3,000 employees, or about 5 percent, of their total manpower workforce. That would be a shocking estimate.
The memo posted by Janelle Gale, Meta’s Vice President of Human Resources, suggests that affected employees will be emailed on Monday morning regarding their employment status.
Certain global workers will have their first notification on Sunday at 2:30 a.m IST. The employees from the US will first be notified at 6:30 p.m. on Monday. Company systems access will be disconnected within an hour of the email being opened. The email sent will also include information about severance packages.
Gale stated that this was a painful process, particularly for teams that are losing a manager, or worse, a colleague. She explained that Meta workplaces will still be open, but employees who want to work on a Monday can do so. Employees are expected to come into the office for meta three days a week, under a hybrid work model, meaning that using a Monday as a work from home day would still count as an office day.
They are still not voluntarily naming any employees who have lost their jobs. Some of these positions might be regained later on but not any specific timeframe. New reporting heads will be assigned to the employees whose managers are the ones being laid off.
Mark Zuckerberg, the CEO of Meta, previously mentioned that job cuts will be made, stating that the targets for the company were raised on performance.
Generally, Meta lets go of low performers over the span of a year, but now, layoffs are being conducted on a wider scale according to the latest performance reviews. At the same time, Amazon recently laid off a number of people, and Salesforce also reduced its workforce to one thousand employees earlier in the year. News of layoffs keeps coming from tech companies which seems to be a trend, and companies are doing this to improve efficiency and cut costs.
