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    Meta’s layoffs are underway, right on schedule

    Meta CEO Mark Zuckerberg kicked off 2023 by calling for a “year of efficiency” after the company had a “challenging year” in 2022. Then, nearly six weeks later, in March, Zuckerberg released an update to the initiative – 10,000 layoffs.

    The memo said tech workers will be notified of restructuring and layoffs in April, and business groups will find out in May. In a small number of groups, restructuring and redundancies may take until the end of the year.

    On Wednesday, the latest round of cuts took place – right on schedule – and affected technical workers in positions such as engineering, graphics and user experience.

    “Well, friends, I’m sorry to share that I was part of today’s round of layoffs at Meta,” one stricken employee wrote. LinkedIn. “I’m about halfway through my maternity leave and I’m really bummed that I have to look for a job.”

    Related: Woes at Meta as Employees Reportedly ‘Do Nothing’

    The restructuring and layoffs are intended to reduce the company’s size by about 10,000 people, and it will close about 5,000 unfilled positions.

    Zuckerberg wrote in the March announcement that sharing a timeline for firing was his attempt to be more transparent. “I recognize that sharing plans for restructuring and layoffs months in advance creates a challenging period,” he said. “But last fall we heard feedback that you previously wanted more transparency in any restructuring plans, so that’s what I’m trying to provide here.”

    Related: ‘Every day you wake up, you get punched in the stomach’: Mark Zuckerberg Vents on Stress of Being a CEO

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