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Meta lays off 4,000 workers

by Alex Omenye
April 19, 2023
in News
Reading Time: 1 min read
EU to fine Meta over Facebook data transfer to US
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Meta, Facebook’s parent company, will begin a large round of layoffs on Wednesday, affecting around 4,000 employees.

According to Vox, this latest round of downsizing will not only affect Facebook, but also numerous technological teams across other Meta-owned services such as Instagram, Reality Labs, and WhatsApp.

This move follows Meta CEO Mark Zuckerberg’s March declaration that the business would slash an additional 10,000 positions in the near future, in addition to the 11,000 job layoffs that were already executed in November 2022.

Despite the fact that the corporation has offices in South Africa and Nigeria, where some of its engineers work, it is unknown which African countries will be affected, if any. Lori Goler, Meta’s head of people, stated in the layoff statement that “some countries will not be impacted,” but did not elaborate.

The document stated that the layoff notice would be sent by email. Employees are now in a condition of uncertainty, waiting for possible layoff notifications between 12 and 1 PM WAT today, Wednesday.

However, the uncertainty does not end there, as Meta has planned another wave of layoffs for May, which will have an impact on the company’s profitability.

Meta, like other big tech companies, is implementing stringent cost-cutting measures. These employee reductions are part of CEO Mark Zuckerberg’s ambition for a “year of efficiency” in 2023.

 

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