Last year, when Mark Zuckerberg announced that Meta was cutting 10,000 jobs, 2023 was “efficiency yeardefined by eliminating layers of middle management to create a “leaner organization”. It turned out that the company has not yet completed the reorganization of its organization. Business Insider, Meta recently told at least 60 of its Instagram employees that it was eliminating their positions entirely. Affected employees range from technical program managers, Meta’s technology staff, including engineers, and higher-level product managers.
According to posts on Blind, an app for tech workers, and LinkedIn, which the publication points to, employees who lose their jobs are given the chance to interview to be considered for a product manager position. Those who choose to leave or are not offered a new role by March will no longer have a job with Meta. Company 11,000 jobs were cut In addition to the 10,000 workers it laid off last year to cut costs in the fall of 2022. It also froze hiring and closed thousands of open roles it had originally hired.
Zuckerberg said last year: “A leaner organization will accomplish its highest priorities more quickly. People will be more productive and their work will be more fun and fulfilling.” It is unclear whether Meta has already lifted the hiring freeze, but it is expected to do so only after the restructuring.
