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Meta will continue to lay off staff in the future.
(Photo/Associated Press)
Meta laid off 16% of its staff in November last year, and about 11,000 employees were forced to leave. However, Meta's layoffs have not stopped, and CEO Zuckerberg has announced that there is still a next step.
In the latest 4th quarter financial report meeting, Zuckerberg emphasized that 2023 will be set as the "Year of Efficiency", and pointed out that the number of employees has continued to rise in the past 20 years, and it is difficult to really improve efficiency under the circumstances of rapid growth. Some middle-level management positions flatten the organizational structure in order to make decisions faster.
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Meta's core ad-serving business remains challenging, with total revenue down 1% in 2022 compared to 2021, though Zuckerberg is optimistic.
The good news is that although Facebook continues to be criticized for being "employees for the elderly", and the daily active users have exceeded the milestone of 2 billion, Meta's biggest challenge is the metaverse that spends money like water.
In general, the U.S. technology industry is still trapped in a cold winter. At the beginning of 2023, technology giants such as Amazon, Microsoft, and Google have announced layoffs. The number of layoffs in January also hit a new high in a year; More than 60,000 people were cut down.
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