New Delhi: Meta CEO Mark Zuckerberg announced on Wednesday to lay off 11,000 employees globally, which accounts around 13% staff across several divisions of the company. In a letter to Meta employees, Zuckerberg informed about the layoff and the following procedure that will be followed.
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“Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve decided to reduce the size of our team by about 13% and let more than 11,000 of our talented employees go. We are also taking a number of additional steps to become a leaner and more efficient company by cutting discretionary spending and extending our hiring freeze through Q1.” Mark Zuckerberg said in a blog post.
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The move has triggered a wave of response among Netizens who are doubting whether it’s a start of recession.
Here are some of the responses from Twitteratis:
Meta just laid off 11,000 employees!
Are we finally in a recession?
— Ishan Sharma (@Ishansharma7390) November 9, 2022
You just don’t lay of a person from their position in your company, you lay them off from their career paths.
#11000 #layoffs #Meta— Deepti Gulati (@Deeptigulati_88) November 9, 2022
Meta laysoff 11,000 ‘talented’ employees.
The times are tough! If you have been laid out. Do reach out for referrals or help.
I believe everyone of us should try our best to help each other.#layoffs #tech #meta #layoffs— Arsh Goyal (@arsh_goyal) November 9, 2022
This recession hurts a lot..#recession #job #MEMES #Meta pic.twitter.com/JtVCAivL1h— Nandan (@NandanBilagi) November 9, 2022
‘Recession is coming…’#metalayoff #recession #WinterIsComing— Rittul (@Rittul1) November 9, 2022
That’s how Twitter user responded.