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| jiraporn66 | 10 Nov 2022 - 06:31:47 |
| 470 Posts |
 Meta laid off more than 11,000 jobs!! Reuters It reported on Nov. 9 that Metaluckyall99 Platform, Inc. said it would lay off more than 11,000 jobs, or 13 percent of its workforce. This is one of the biggest layoffs this year. Amid the battle against rising costs of Facebook parent company Meta trying to push the metaverse The news said that the massive layoffs This is the first time in Meta's 18 years since the company was founded. In principle, many other big tech companies The layoffs include Twitter, now owned by Elon Musk, and giants like Microsoft. Mark Zuckerberg Chief Executive Officer or the CEO of Meta stating in the letter sent to the employee that It's not just online trading that has returned to be the top trend. But macroeconomics itself is in a downtrend. There is more and more competition. and reduced advertising The company's revenue was less than expected. At the same time, the CEO of Meta also admitted that the decision was wrong. and be responsible for what happened Mark Zuckerberg also said: “Announcing the toughest change we've ever made in the meta company's history by deciding to shrink the team by 13 percent and leave it to our talented employees. With 11,000 of us gone, we will have a number of measures that will make the company less costly and more efficient by cutting costs and halting new hires through the first quarter. Meta said it will pay those fired for 16 weeks, plus an additional two weeks a year, and will continue to pay severance pay. will receive a number of shares on November 15 and health care payments for 6 weeks However, Meta did not disclose the total amount to be paid in the layoffs. while the total number of employees of the meta At the end of September, there were 87,314 people. The announcement came after The Wall Street Journal reported that Zuckerberg had notified hundreds of meta executives in the early hours of November 8 local time. to plans to lay off a large number of employees |
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