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"Meta", in crisis?/ Employee dismissals are expected again

2023-02-14 09:08:00, Tech CNA

"Meta", in crisis?/ Employee dismissals are expected again

It seems that even "Meta" could not resist the crisis that has affected the world's largest companies.

According to an article in the " Financial Times ", Meta is preparing to cut employees, while there has also been uncertainty regarding budgets.

The write-ups are expected to take place around March, but it is not known how many employees will be affected.

The article states that the employees are not clear about this situation, although they have noticed that not much work is being done.

Some budgets that would normally be finalized by the end of the year are still not finalized and decisions that would normally take days to sign are now taking a month in some cases.

"Meta" has not reacted to these hints, while at the beginning of the month Mark Zuckerberg stated that the company would be more proactive in cutting priority and low-performing employees.

Meanwhile, we recall that in November last year, "Meta" laid off 11,000 employees, or about 13% of its global workforce./ CNA.al





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