Meta’s quest for ‘efficiency’ is fueling a new wave of layoffs across sectors

About 100 people have been affected by the recent round of restructuring and reallocation of some resources within Meta, three people familiar with the company said. Good luck. As CEO Mark Zuckerberg sticks to his vow that the “year of performance” of 2023 will become a “permanent” part of how his company moves forward, such changes and related incremental cuts have been frequent in Meta this year. A few workers Instagram And messenger The cuts were made earlier this year amid other team reorganizations and the elimination of some job titles.

This week’s cuts were at least the third time this year that increased layoffs have occurred at Meta. At the moment, it has mostly affected people working on Instagram, Facebook and Reality Labs, according to people in the know. Many of the victims were software engineers whose specific roles were eliminated, but some jobs in monetization were also cut. The first edge reported The layoffs have occurred at Meta, though no specifics have been reported.

Most of those affected received several weeks’ advance notice that their roles would be eliminated or transferred to a new team or location. Some were successful. Some don’t. Others have accepted a four-month separation early rather than go through the process, people in the know say.

The layoffs are separate from a disciplinary action Meta took last week against about 20 people in its Los Angeles office for improperly using GrubHub credits. Workers were given loans specifically to buy food while working in the office, but some were found to have used the loans for months on end for personal items or household supplies. As originally reported FT.

Meta, which had 70,799 full-time employees at the end of the most recently reported quarter, has cut tens of thousands of employees in 2022 and 2023 following the pandemic. While the company may not have such mass layoffs in 2024, one said group-specific restructurings this year felt “steady.” good luck, Reality Labs seems to be reorganizing “every few months.”

While such changes have long been part of Meta’s operations, a new push in AI projects means more resources are being directed to the AI ​​and infrastructure teams, another person said. The company is going through a process of “remapping,” the three-day office work order that determines where the bulk of certain teams will be located, causing some jobs to be moved or eliminated, the person said.

“A number of teams at Meta are making changes to ensure resources are aligned with their long-term strategic goals and location strategy,” a Meta spokesperson said. Good luck. “This includes moving some teams to different locations and reassigning some employees to different roles. When a role is eliminated in these circumstances, we work hard to find other opportunities for the affected employees.

However, not all those fired were given such notice, two sources said Good luck. Many people were “surprised” by the emails that hit their inboxes this week because their role was eliminated and their last job would be this Friday. “Not everyone is treated equally in this,” said one.

Many of the fired employees had been in their jobs for a year or less, according to two sources. Jane Manchu Wong, who rose to online fame even before the announcement of the incoming features of reverse engineering on social media platforms, joined Meta last year to work on its new platform, Threads. However, he moved this year to a group on Instagram that was hit by layoffs this year. Wong posted that he was affected by cuts in threads. However, no one working on the Threads team has been fired.

Despite the increased nature of this latest round of layoffs, workers at Meta expect similar cuts later this year or early next year. Even as the company hires more, staff numbers are kept “very tight,” and performance reviews are tougher than ever.

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