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Second round of layoffs begins in Meta, 1500 people of this department will be unemployed: Report

Meta layoff 2023: A few days ago Meta had talked about the second round of layoffs and now it seems that the second round has started. This is because it has come to know from the media reports that 1500 people are going to be killed.

Meta layoffs 2023: After the start of the new year, there is hardly a day when the news related to layoffs has not come to the fore, every day some or the other company is showing the way out of the company by retrenchment on a large scale. At the beginning of this week, such reports were coming out that Meta is going to start another round of retrenchment soon once again and sack 10,000 people, now it seems that it has started.

Some people familiar with the matter say that Meta Platforms Inc. has started cutting jobs and may initially lay off 1500 employees. Now the question arises here that this time the sword of retrenchment is hanging over the people of which department first.

For the information of the people, let us tell you that in the beginning, 1500 people who are going to be shown the way out of the company by Meta include recruiting and Human Resource (HR) employees. During an internal meeting with the employees, the company’s Chief Executive Officer ie CEO Mark Zuckerberg had told the employees that this situation related to retrenchment and restructuring could continue like this for the next several years.

Recall that recently on March 14, 2023, Mark Zuckerberg had said that Meta plans to lay off about 10,000 employees and eliminate 5,000 open roles. Along with this, he also said that all the people affected by this decision of the company have not been informed yet.

For example, layoffs in the engineering department are scheduled for April. Remind that in November last year, the company had shown the way out to 11 thousand employees, which was 13 percent of the total staff of the company.

Zuckerberg recently told employees that the cuts in November were linked to performance, but now the layoffs are being done considering financial conditions and product-related priorities. Please tell that the spokesperson of Meta has refused to make any comment on the retrenchment.



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