Meta is rolling out its mega-layoffs around the clock
Briefly

Meta is rolling out its mega-layoffs around the clock
Meta plans to cut about 10% of its workforce, eliminating around 8,000 roles, with layoff notifications sent in three waves at 4 a.m. local time across different regions. Managerial positions will be reduced to create flatter organizational structures, enabling smaller pods or cohorts with faster movement and more ownership. More than 7,000 people will be moved to new initiatives that were previously difficult to prioritize. Leaders across the company will announce organizational changes alongside the layoffs. Some Reality Labs teams have already reorganized into smaller pods. Meta leaders also indicated additional job cuts beyond Wednesday are not ruled out, while employee morale has declined and many staff are waiting in uncertainty.
"Gale said notifications of layoffs, which are expected to eliminate around 8,000 roles, will be sent in three waves at 4 a.m. local time across different regions. She also said that managerial positions would be cut across the company to create flatter organizational structures. "We're now at the stage where many orgs can operate with a flatter structure with smaller teams of pods/cohorts that can move faster and with more ownership," she wrote."
"Gale said that Meta will also move more than 7,000 people to work on new initiatives that it couldn't previously prioritize. She told staff that leaders across the company will announce organizational changes alongside the layoffs. Some teams within Meta's Reality Labs had already started reorganizing into smaller pods, Business Insider previously reported."
"Meta leaders told staff they are not ruling out further job cuts beyond this Wednesday's 10% round, Business Insider previously reported. The latest update comes as morale has taken a hit at Meta, current employees have said. One employee told Business Insider that staff are "in a holding pattern" as they wait to find out which jobs will be axed."
Read at www.businessinsider.com
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