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Meta will be smaller by the end of 2023
But in September, Zuckerberg announced that the company will be smaller by the end of 2023. Recruiters ghosting, offers being rescinded or not offered at all so far. The restructuring is reportedly going to lead to around 12,000 people losing their jobs by the end of next year, thats ~15% of staff.
Officials told directors that at least 15% of their teams should be marked as "needs support" in an internal assessment, aka PIP's for everyone.
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kfi170uf32Frontend Software Engineer
These tech execs are really of the same hive mind. Earn your billions, incentivize people with a few dollars until you no longer need them, and dispose of the rest to cut your losses. Get in while you can and milk the opportunity for all its worth when you have it
kvq08NYibc2Software Engineer
Did you see the potential/impending Twitter layoffs? This pales in comparison tbh. Still sucks though
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