Analysis: How this new bout of reductions will impact Irish staff is unknown
On top of that, 5,000 empty roles will now go unfilled, with Meta cutting them completely.
The news was sent to staff in an update from Mark Zuckerberg, a carefully worded message that tried to strike the right balance of sombre yet optimistic for the future, offering a degree of transparency while not giving everything away.How this new round of job cuts will impact Irish staff is unknown. The uncertainty hanging over employees will do little for employee morale, regardless of how many we’re-all-in-this-together updates the chief executive issues.
Further changes at the Instagram owner are afoot. The company has undertaken what it calls its Year of Efficiency that will see Meta restructured, organisations flattened, and costs slashed.The Meta that emerges will be a very different place from the one that started the year. That in itself is not a bad thing; Meta has become a behemoth, employing more than 80,000 before it started wielding the axe late last year. Simplifying its structure should benefit it in the future.
Employees meanwhile are being encouraged to attend the office – not that Meta is compelling them to return, but rather engaging in some gentle persuasion, citing research of its own that indicates in-person work at least part of the time benefits engineers in the early stages of their career, allowing them to build trust in person.Zuckerberg’s update also contained a warning: the current economic situation is likely to last the year, and tech companies are preparing accordingly.
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