Meta has carried out another round of layoffs this week, firing about 4,000 employees. This decision has shocked many employees, especially those who lost their jobs despite good performance last year. This restructuring process of the company has created an atmosphere of confusion and resentment among the employees.
According to the report, machine learning engineers will now be hired in Mark Zuckerberg’s company. Additionally, there are several employees from companies like Italy, France, Germany, and the Netherlands are excluded from the layoffs and the reason for this is that these countries have local labor regulations that stop the companies to layoffs. However, employees from countries like Asia, Africa, and Europe will receive their layoff notice between 11 February and 18 February.
According to a report by Business Insider, many employees revealed that they were given “At or Above Expectations” rating in mid-2024. But when the review took place at the end of the year, their rating was changed to “Meets Most”. Because of this, they came under the purview of layoffs.
Meta had earlier said that the company has planned to reduce its workforce by 5 percent. In this layoff, the lowest performing workers will be targeted. Meta’s Head of People Janelle Gayle said in a memo, “Meta has decided to keep its office open on Monday and will not give more details on this.”
This layoff at Meta is part of CEO Mark Zuckerberg’s decision to make the company’s functionality better and more compact. The company is now investing more in Artificial Intelligence (AI) and Virtual Reality (VR). For this reason, Meta wants to recruit machine learning engineers, but on the other hand is limiting the number of its employees.
Apart from Meta, a large number of people will be fired from many other companies. Google started a voluntary exit program for its US platform and devices division, which affected the Android and Pixel teams.
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