Shulou(Shulou.com)11/24 Report--

Social media giant Meta has officially launched the second round of layoffs announced earlier this week, starting with 1500 layoffs from recruitment and human resources departments, according to people familiar with the matter.

At an internal meeting with employees, Meta CEO Mark Zuckerberg (Mark Zuckerberg) said the economic environment that forced layoffs and restructuring could last for many years, according to foreign media citing people familiar with the matter. Zuckerberg informed Meta executives of the first wave of layoffs in the second round on Thursday morning local time, according to people familiar with the matter.

As early as March 14, Zuckerberg announced that Meta plans to cut about 10, 000 more jobs and eliminate 5000 vacant positions, but has not informed all those affected. For example, layoffs in the engineering department will take place in April. In November, Meta made its first round of layoffs, with 11000 people, or about 13 per cent of its workforce, laid off.

Zuckerberg told employees on Thursday that the layoffs were more tied to performance, but that the recent layoffs were due to financial needs and changes in product priorities, according to people familiar with the matter. A spokesman for Meta declined to comment on the layoffs.

At a staff meeting, Zuckerberg was asked how employees trusted the company's leadership after two rounds of layoffs. He replied that he wanted to assess his performance based on the company's performance and mission transparency, but that the leadership should also be allowed to change its mind.

"the way people assess whether I should be trusted and whether they are willing to continue to work at this company is whether we are successfully moving towards our overall goals," Zuckerberg explained. I think it has a lot to do with the quality of our transcripts. "

Zuckerberg announced earlier this year that 2023 would be a "year of efficiency" after months of falling revenues. The social media giant, which derives most of its revenue from digital advertising, is facing increasing competition from new entrants to the social media market, such as the short video network TikTok, in terms of advertising revenue and attracting users. The company also admitted that it overestimated the growth of the e-commerce market after the outbreak.

At Thursday's meeting, Zuckerberg was also asked about the future of telecommuting. The company said on Tuesday that an early analysis showed that employees who had worked in the company's office and started telecommuting performed better on average than those who joined the company remotely. Zuckerberg did not rule out the possibility of new rules forcing people to return to the office within a certain period of time. He added that the company had decided to suspend most remote hiring for the time being.

At the meeting, Zuckerberg was also asked how Meta employees can improve productivity in the face of imminent threats of layoffs and project cuts. Zuckerberg acknowledged that the early announcement of layoffs would create a period of uncertainty, but said: "We can't suspend work while we solve the problem." In the end, he says letting employees know in advance about layoffs can help them prepare for it.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.