CEO of Meta Mark Zuckerberg spoke to the staff last week during a gathering of the entire company. The call was made soon after Meta performed a fresh round of layoffs that affected roughly 5,000 workers across its numerous businesses. Zuckerberg asserted that he wanted to make Meta a "scrappier place" at the discussion.
According to The Washington Post, Zuckerberg worked to streamline the Facebook parent company's bureaucracy while assuring the remaining staff of a secure future.
According to Zuckerberg, the objective was to develop a more adaptable and resourceful organisation rather than return to the former condition. He stated, "Going through restructuring and layoffs and changes like this is obviously a very difficult thing. So it's not like we're going to end up in exactly the place that we were before because that wasn't my goal. I wanted to get to a scrappier place," Zuckerberg said.
On Wednesday, the final round of layoffs started. In March of this year, it was reported that 10,000 staff would be laid off. The final round of layoffs, as previously indicated by the corporation, will take place in May.
According to the article, personnel in Meta's business division, including those working in advertising, human resources, and policy efforts, were the focus of the most recent wave of layoffs.
In May, Meta expelled almost 5,100 people. The business laid off recruiters in March, and in late April, technical teams also lost over 4,000 jobs. These most recent layoffs are in addition to the 11,000 or so positions that were eliminated in November, or around 13% of Meta's staff.
2023 has been dubbed the "year of efficiency" for Meta by Zuckerberg as the firm attempts to move away from a culture and management structure centred on quick growth and easy revenues. Between interns and Zuckerberg, there will be fewer management levels thanks to Meta, and some projects, including services and hardware for publishers, have been curtailed.
