Meta, formerly known as Facebook, has started its second round of layoffs, and employees are not happy about it. One Meta employee took to the internal company forum to express their disappointment and question the company’s motives. In response to the layoffs, the employee stated that they were destroying the morale and confidence of many high performers who work with intensity in the leadership. The employee further questioned why anyone should stay at Meta if hard work and performance don’t matter to them.
Second Round of Layoffs
The tech giant announced in March that it would lay off 10,000 more employees in three stages. The first round of layoffs took place in March, and the second round began in April, affecting those in technical positions. Employees who had previously worked for Instagram and WhatsApp were also let go.
The layoffs are part of Meta’s strategy to streamline operations, reduce expenses, and increase efficiency. CEO Mark Zuckerberg stated that business needs have caused the company to hire too many people in recent years, and the layoffs are necessary to bring the company back on track.
Employee Criticism
Despite the company’s rationale, employees have criticized the layoffs, with some stating that they are destroying confidence and morale. Some employees are also upset about the impact that the layoffs will have on their colleagues and teams.
The Meta employee who spoke out on the internal forum stated that no one should stay at the company because all of these things are destroying people’s confidence. The sentiment is echoed by others who have voiced their concerns about the layoffs and the impact they will have on the company culture and work environment.
Future Layoffs
The layoffs will continue in May, with Meta reportedly laying off employees in finance, legal, and human resources positions. The company’s goal is to eliminate 10,000 jobs in total, with a third round of layoffs planned for the future.
In Conclusion
The ongoing layoffs at Meta are causing concern and disappointment among employees. Many are questioning the company’s motives and the impact that the layoffs will have on the company’s culture and work environment. It remains to be seen how the layoffs will ultimately affect Meta’s bottom line and whether they will help the company achieve its goal of streamlining operations and increasing efficiency.