Meta Plans 10% Workforce Cut Amid Record Profits and Plummeting Employee Morale
By
rustoo
Pure flour-power. Hearty enough to carry you through lunch.
Summary
Meta is planning to cut approximately 10% of its workforce (nearly 8,000 employees) next week, adding to roughly 25,000 cuts over the past four years. Despite record high profits, employee morale is described as "historically low," with current and former employees reporting widespread unhappiness. The layoffs are attributed to efficiency goals and offsetting other investments, but employees cite broader cultural issues beyond just job cuts.
Key quotes
· 3 pulledEveryone is unhappy; the only people who are not unhappy are, literally, executives.
to run the company more efficiently
offset the other investments
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