The parent company of Facebook, WhatsApp and Instagram, Metahas started a new wave of layoffs after Mark Zuckerberg announced earlier in the year that 2023 It was going to be “the year of efficiency” of the company.
According to Reuters, the firm would have dispensed with technical workers in the technology areaespecially engineers. Precisely, the new layoffs at Meta have caused frustration among those employees who continue to work in the company and doubt whether it is really worth continuing to work for it.
This is the second wave of mass layoffs that the company has carried out in less than a yearin accordance with hypertextual. The one that started with everything was in November 2021, when Zuckerberg confirmed that he was going to do without 11,000 employees, the equivalent of 13% of his workforce. Already in March, the CEO of Meta announced a new round of layoffs that would affect another 10,000 workers..
In total, there would be 4,000 workers
The layoffs also will affect 4,000 employeesreports Vox. This is likely a part of the 10,000 job cuts that Meta previously confirmed.
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The announcement, in fact, came just a few weeks after Mark Zuckerberg revealed “the year of efficiency” and stated be working to make the company a more agile company with fewer expenses. Efficient in tasks and dismissals, it seems.
Meta has also abandoned projects with the aim of improving their income and coping with the bad economic situation they are going through. Despite this, they continue to develop in the metaverse, for which they have invested millions and millions of dollars, and in artificial intelligence (AI) models.
Mass layoffs are not unique to Meta these days, as other big tech companies like Google, Amazon and Microsoft have also cut staff of late, following in the footsteps of Twitter after its acquisition of Elon Musk.