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Meta laying off another 10,000 employees
The Hill ^ | 03/14/2023 | JULIA MUELLER

Posted on 03/14/2023 7:10:42 AM PDT by ChicagoConservative27

Facebook parent company Meta on Tuesday announced it’s cutting around 10,000 employees in another bout of massive layoffs as the tech sector struggles with a fraught economy.

CEO Mark Zuckerberg said in a message to employees that the company is restructuring to become leaner, laying off around 10,000 more workers and not filling 5,000 previously open roles. “Over the next couple of months, org leaders will announce restructuring plans focused on flattening our orgs, canceling lower priority projects, and reducing our hiring rates,” Zuckerberg said in a post.

Employees in recruiting will know if they’re impacted this week, tech roles will know in April and business roles will learn in May, according to Zuckerberg.

(Excerpt) Read more at thehill.com ...


TOPICS: Front Page News; Government; News/Current Events; Politics/Elections; Your Opinion/Questions
KEYWORDS: employees; laying; marksuckerberg; markzuckerberg; meta; off
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Economy is roaring says pudding brain.
1 posted on 03/14/2023 7:10:42 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Thats 10k people that werent doing anything productive anyway.


2 posted on 03/14/2023 7:13:31 AM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: ChicagoConservative27

It’s terrifying that facebook has that many employees it can shed in the first place.


3 posted on 03/14/2023 7:13:54 AM PDT by KobraKai
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To: KobraKai

EXCELLENT observation, KobraKai.


4 posted on 03/14/2023 7:15:17 AM PDT by mairdie (Grandfather Jack Bell - miner, reporter, lawman, naturalist - https://youtu.be/Dnnb63UEk9c)
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To: ChicagoConservative27

Leaner is the result of not having enough to eat.

META isn’t any more


5 posted on 03/14/2023 7:15:18 AM PDT by bert ( (KWE. NP. N.C. +12) Juneteenth is inequality day )
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To: Magnum44; KobraKai

It takes that many to track every thing you do on the internet. But they can program computers to track you now.


6 posted on 03/14/2023 7:15:40 AM PDT by BipolarBob (The rumor has not been confirmed until the FBI officially denies it.)
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To: Magnum44
Thats 10k people that werent doing anything productive anyway.

True... but, it might be 1000 people who now must try to sell their homes in a crappy market.

7 posted on 03/14/2023 7:20:31 AM PDT by SomeCallMeTim ( The best minds are not in government. If any were, business would hire them!)
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To: ChicagoConservative27

That’s okay. No problem. The Demented Pedophile is pulling “jobs” out of his ying yang in his “labor statistics.


8 posted on 03/14/2023 7:21:05 AM PDT by FlingWingFlyer ("I may be a white boy but I'm not stupid". - FJB at Black "History" event. Tell 'em Jo Jo!)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
And yet, even before all those layoffs, FB had no one to answer the phone.

9 posted on 03/14/2023 7:22:17 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: ChicagoConservative27

Employees that do exactly what?


10 posted on 03/14/2023 7:22:18 AM PDT by blackdog ((Z28.310) Forget "Global Warming", new grants are for "Galaxy Dimming")
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To: SomeCallMeTim

Wrongfully inflated housing eventually becomes rightfully deflated housing.


11 posted on 03/14/2023 7:23:36 AM PDT by blackdog ((Z28.310) Forget "Global Warming", new grants are for "Galaxy Dimming")
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To: ChicagoConservative27
My reaction to hearing of Big Tech suffering:
12 posted on 03/14/2023 7:24:19 AM PDT by FLT-bird
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To: ChicagoConservative27

That’s 10,000 more people that can spend more quality time with their families instead of slaving all day for a greedy white billionaire that is just taking advantage of them...


13 posted on 03/14/2023 7:27:54 AM PDT by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: ChicagoConservative27

Suck to be you. (That’s Meta employees)


14 posted on 03/14/2023 7:30:26 AM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." I )
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To: ChicagoConservative27

15 posted on 03/14/2023 7:31:57 AM PDT by Eleutheria5 (Every Goliath has his David. )
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To: ChicagoConservative27

Abject dread and bewilderment in Palo Alto today and yesterday.

Weirdos sitting in McDonalds in groups, wondering aloud how the world will survive without them.


16 posted on 03/14/2023 7:34:54 AM PDT by Mariner (War Criminal #18)
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To: ChicagoConservative27
"Learn to code!"

...oh

17 posted on 03/14/2023 7:34:56 AM PDT by RckyRaCoCo (Please Pray For My Brother Ken.)
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To: ChicagoConservative27

What a shame. That metaverse must not be taking off.


18 posted on 03/14/2023 7:40:12 AM PDT by 9YearLurker
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To: ChicagoConservative27

Couldn’t happen to a nicer guy or company.

FUF


19 posted on 03/14/2023 7:43:06 AM PDT by upchuck (When you never took the vaccine or boosters: Still alive and healthy with no chance of side effects.)
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To: Magnum44
"The Internet of Things..."

"...It's a cookbook!"

20 posted on 03/14/2023 7:48:03 AM PDT by RckyRaCoCo (Please Pray For My Brother Ken.)
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