JAKARTA - Meta is reportedly planning to reduce the number of its employees again in the coming weeks. This was done as part of the efficiency year that Meta CEO Mark Zuckerberg revealed some time ago.

According to the Financial Times, citing reports from three employees and former employees of Meta, further layoffs will be made around March, after completing a staff performance review that the company is currently conducting.

The three employees also stated that currently the atmosphere in the office is also not conducive and there is a lack of enthusiasm from the workers, amidst the uncertainty over who will get the turn for the Meta layoff plan.

In fact, it's starting to impact operations, where the annual budget that would normally be finalized by now still seems to be in the dark, as managers are stuck waiting to see how big their team will be next month.

In addition, managers are also asked to leave the company or relocate in a position where they do not manage anyone or the role of individual contributors.

Internally, it's called smoothing and calibrating, with some employees concerned about potential job demotions and merges.

Employees also stated that the plan to put Meta into an efficiency year on yesterday's last earnings call was completely inefficient.

"The year of efficiency begins with a group of people being paid for doing nothing," said one employee, quoted by Forbes, Monday, February 13.

The news comes after Meta laid off 11.000 employees in November last year, about 13 percent of its headcount, the most dramatic reduction in the company's 20-year history.

Meta is far from the only major tech company to be hit by layoffs, with Amazon laying off more than 18,000 employees, and Google (Alphabet) laying off 12.000 in January and Microsoft's most recent 10.000.


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