Tuesday 4 October 2022 07:12 PM Facebook 'looks to quietly cull 12,000 underperforming workers' trends now
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Mark Zuckerberg is planning to lay off up to 12,000 underperforming Facebook workers after initiating a review process last week in which managers were asked to label workers that 'need support', reports say.
This comes just days after Zuckerberg announced a freeze to hiring and warned of plans to 'steadily reduce headcount growth' for the first time in the history of the company.
The Facebook CEO said during a Q&A with employees last week that the company would extend a hiring freeze that has been in place since May. During that meeting he said that steps would be taken to reduce costs.
Zuckerberg has suffered significant losses to his personal fortune which has dropped by almost a third in a year.
Mark Zuckerberg is planning to lay off up to 12,000 underperforming Facebook workers after initiating a review process last week in which managers were asked to label workers that 'need support', reports say
Meta will end its lease of the 200,000 square foot office space at 225 Park Avenue South in the Flatiron district of Manhattan, anonymous sources told Bloomberg
