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> Overall, we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired. So in total thi
by vesinisa 4y ago
> Overall, we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired.
So in total this means about 16% reduction from what Facebook was aiming to scale to in December 2022 (86k staff). I wish the investors had put Zuck in his place and killed the Metaverse concept early, but it looks like these cuts are across the board and not impacting any particular project.
- andsoitis 4y ago> I wish the investors had put Zuck in his place Mark Zuckerberg has 55% of the company's voting shares, giving him majority power.