Zuckerberg couldn't keep his promise: Thousands are on borrowed time

Eray Eliaçik
Feb 23, 2023
Updated • Feb 23, 2023
Companies, Facebook

Another wave of Meta layoffs is on the way. Following the 11,000 layoffs it executed last October, Meta is apparently planning another large round of layoffs in an effort to reduce costs. After announcing in November that he didn't foresee any further cuts, Facebook CEO Mark Zuckerberg hinted in January that another round could happen this year, and now we have official confirmation.

“Meta plans to push some leaders into lower-level roles without direct reports, flattening the layers of management between Meta CEO Mark Zuckerberg and the company’s interns, according to a person familiar with the matter…”

-Reported by The Washington Post

Zuckerberg couldn't keep his promise: Thousands are on borrowed time

Meta layoff land is ready to welcome its new residents

Meta, Facebook's parent company, is preparing for another round of layoffs. It has tasked its human resources department, legal team, financial advisors, and executive leadership with developing a strategy to flatten the organization in preparation for a reorganization and downsizing that could affect thousands of employees.

Zuckerberg hinted at further layoffs in early February when he told investors he would reduce middle management and increase the speed with which Facebook made decisions.

Executives at Meta are “evaluating the cheapest way to accomplish the most necessary tasks,” which will “disproportionately affect workers in non-engineering roles.”

Big tech layoffs will continue in 2023. A large number of people may lose their jobs in this wave of layoffs, which “may not happen on a single day, but will likely roll out across the company in the coming months.”

Zuckerberg couldn't keep his promise: Thousands are on borrowed time

After the story went viral, Andy Stone, Meta’s Policy Communications Director, criticized The Washington Post's perspective. However, he did not deny the layoff news.

The layoffs will greatly affect personnel in fields outside of engineering.

Managers will consider things like employee reviews, job descriptions, and pay structures when deciding where to make cuts.




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  1. riri0 said on February 23, 2023 at 4:02 pm

    So ghacks has finally fallen low enough to become like your neighborhood tabloid. I guess all that money got to Martin’s head that he doesn’t care anymore.

    1. Jody Thornton said on February 23, 2023 at 6:47 pm

      You can’t blame Martin. He sold Ghacks. He could have moved on completely.

    2. Yash said on February 23, 2023 at 5:00 pm

      Criticise Ghacks when Ghacks deserves it. But this time – hell no. Facebook and Zuck is a cancer and it deserves an article for its upcoming layoffs.

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