(PatriotWise.com) — Last Wednesday, employees from Facebook’s parent company Meta were informed about the final round of the previously-announced job cuts affecting thousands in the tech company’s business departments, Bloomberg reported.
In March, Meta CEO Mark Zuckerberg announced plans to restructure the company that included eliminating 10,000 jobs. The initial job cuts affected Meta’s human resources and recruiting departments. Late April’s round of cuts slashed workers from Meta’s tech groups.
Zuckerberg said the final cuts would be in small numbers from the remainder of the year.
Meta, which owns Facebook, Instagram, and the messaging service WhatsApp, said the job cuts were needed to improve efficiency after the company over-hired during the pandemic.
As part of the restructuring, the company promoised faster decision-making and product development, which increased its shares by more than 100 percent so far in 2023.
However, employees said some of the important planning and work has been stalled. In particular, Meta still hasn’t decided its product roadmap for the remainder of the year as it figures out resources following the April job cuts in the tech group, a source told Bloomberg.
While stuck in limbo, Meta employees have been uncertain about how to shift responsibilities on their teams, whom to collaborate with, or whose jobs will be cut next, according to former Meta employees who spoke anonymously to Bloomberg.
Within the business units facing job cuts in this final round, workers have been left feeling “anxious and demotivated,” Bloomberg reported.
According to sources, the workers facing the ax are making tasks up for themselves or avoiding work entirely until they get some clarity on the job cuts.
In April, Insider reported that furious employees at Meta demanded answers from Mark Zuckerberg after company executives received bonuses as high as $940,000 at a time when the company was laying off workers.
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