Meta prepares the largest workforce cut since its foundation in 2004

Meta, the company run by Mark Zuckerberg and formerly known as Facebook, is preparing a major downsizingaccording to information shared by «The New York Times«, although they have not given specific numbers, so we do not have any precise reference that we can share with you at the moment.

What we do know, however, is that this downsizing would be the largest since the company was founded in 2004. The source of the news has refused to identify herself because she was not authorized to release this information publicly, which makes me think that it could be an employee of Meta itself.

Until September of this year, Meta had a workforce of 87,314 employees, a figure that represented 28% more workers than a year ago. This means that the company had been steadily increasing its workforce, but this could change drastically in the short termand if forecasts do not improve, the layoff campaign is likely to continue for several quarters.

It is a negative forecast, but perfectly founded. Think that last month Meta recorded a 50% drop in revenue, and that this is the second consecutive fall that the American giant has to “digest”. On the other hand, it must also be remembered that the company has already said that it is preparing important changes to achieve a “more efficient operation”, and that this would imply reducing the size of some teams and limiting hiring only to those areas that have a high priority. . The company is not going through its best moment either, and the metaverse continues to generate many doubts.

Other trusted sources, such as “The Wall Street Journal”, have also recently pointed to that next Meta workforce cut, so except for surprise we can almost confirm it. If it is true (most likely), Mark Zuckerberg’s company follow in the footsteps of Twitter, that after being bought by Elon Musk it is undergoing a significant reduction in workers, something that has generated significant criticism and that, from what we have been able to see, has been carried out ignoring current legislation, which has cost him a lawsuit to the well-known social network of the blue bird, as we already told you in this article.

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