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Goal says goodbye to 11 thousand employees

At the beginning of the week, a report by The Wall Street Journal pointed out that Meta , a company behind Facebook, Instagram and WhatsApp, was preparing to carry out its first wave of mass layoffs in 18 years. Said and done, today it has been confirmed that 11.3% of the general workforce, that is, 11 thousand employees , have lost their job.

Through a statement, Mark Zuckerberg, CEO of Met . This was what he commented:

Today I am sharing some of the most difficult changes we have made in the history of Meta. I have decided to reduce the size of our team by approximately 13 % and fire more than 11,000 of our talented employees. We are also taking a series of additional steps to become a more agile and efficient company through the reduction of discretionary expenses and the extension of the brake to our hiring until the first quarter.

I want to take responsibility for these decisions and how we get here. I know this is difficult for everyone, and I feel especially for those affected.

Loses

Not only online trade has returned to previous trends, but the macroeconomic recession, increased competition and loss of ads have caused our income to be much lower than I expected. I was wrong and assumed responsibility for it.

For their part, the United States employees who lost their work will receive compensation equivalent to the payment of 16 weeks of work, plus two extra weeks for each year of seniority in the company, without a stop. Pending vacations will also be paid, and medical coverage will be extended for six months, among other points. Along with this, it has been mentioned that workers from other countries will receive similar measures, although the details are unknown.

Along with this, Zuckerberg said that a thorough analysis of infrastructure expenses is being carried out, and that will apply greater cuts in the coming months . In related issues, goal prepares a payment model for its various platforms.

Editor's note:

Although Mark Zuckerberg says that his metaverse will continue to advance without problems, it is clear that this division is sucking enough resources to the company, something that has not been recovered. It seems that as long as the company follows this path, this type of news will continue to be heard.

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