Meta already cut 11,000 jobs – nearly 13 percent of its workforce – in November.
However, the company is due to make even more job cuts as it restructures its teams to fulfil CEO Mark Zuckerberg’s dream of a ‘Year of Efficiency.’
These cuts echo Mr Zuckerberg’s previously expressed wishes for the company to rebalance the ratio of business and administrative staff to engineers and technologists.
Facebook, WhatsApp and Instagram are all expected to be affected.
The hiring freeze has also been extended.
A memo announced the upcoming eliminations
Through a circulating memo, managers at Facebook have been asked to prepare to announce job cuts today (Wednesday).
The memo asked all employees who work in North America who are able to work from home to do so today.
These cuts do not come as a surprise
In a post made by Mr Zuckerberg in March where he outlined his ‘Year of Efficiency,’ he wrote: “[W]e expect to announce restructurings and layoffs in our tech groups in late April, and then our business groups in late May.”
