Meta to fire non-engineering employees in the coming weeks

Meta, a social networking firm owned by Facebook, has not yet completed its round of layoffs. Meta expects to fire off thousands more workers in the following months after laying off around 11,000 in 2022. The Wall Street Journal claims that the planned layoffs might be as high as 13 percent. The study goes on to say that this time around, even non-engineering jobs would be impacted.The Wall Street Journal reports that the layoffs will be revealed in stages and will be similar in scale to the 13% reduction in staff that was implemented in 2017.

Meta is expected to shut down various projects and teams in addition to eliminating more non-engineering employees. About 11,000 workers, or 13% of the company, were let go by Meta last year. It is anticipated that the new reductions will correspond in size to the existing ones.Some wearables created by Reality Labs, Meta’s hardware and metaverse subsidiary, are also mentioned in the report as being discontinued. This indicates that Meta is shifting its focus away from the immediate promotion of augmented and virtual reality goods, yet research into these technologies will continue over the longer term. It’s possible that the first round of layoffs may be revealed next week, and nobody knows how many jobs will be lost in the second quarter.

On Thursday at the Morgan Stanley 2023 Technology, Media & Telecom Conference, Meta’s chief financial officer Susan Li said, “We’re continuing to look across the company, across both Family of Apps and Reality Labs, and really evaluate we are deploying our resources toward the highest leverage opportunities.” As a result, we’ll have to shut down some projects and redirect resources away from some teams, which is a really unpleasant prospect.

Mark Zuckerberg, CEO of Meta, has predicted that 2023 will be the year of efficiency. He also gave the impression that several Meta initiatives will be terminated. The WSJ has previously reported that staff at Meta had earned poor ratings in a recent performance evaluation. Ten percent of Meta’s staff were given the “complies with most” grade, the company’s second-worst possible score. The corporation seldom gives out the lowest grade, “meets some,” although it does so on occasion. A representative for the corporation said that the ratings were intended to encourage hard effort and strategic planning.