Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

The 6 big takeaways from Mark Zuckerberg's lengthy layoffs post

The 6 big takeaways from Mark Zuckerberg's lengthy layoffs post

Meta is shrinking, investing in AI, and creating an "optimal ratio of engineers" compared to other roles, CEO Mark Zuckerberg wrote in a long post.
Meta is slashing both jobs and projects to cut costs

With the 10,000 layoffs, Meta wants to make its chain "flatter" by making more managers "individual contributors," according to the post. Zuckerberg also said that managers should have few reports, 10 max.

The layoffs "will mean saying goodbye to talented and passionate colleagues who have been part of our success," he acknowledged.

Zuckerberg also described less important projects as a potential burden on personnel resources and other logistics like IT support and infrastructure like even laptops, which signaled a focus on the company's spending.

"Indirect costs compound and it's easy to underestimate them," he wrote.

Jobs in recruiting, tech, and business will be hit, but Zuckerberg wants to 'keep technology the main thing' for Meta

As Meta slows hiring, it will lay off members in its recruiting department, Zuckerberg wrote. Those employees will be among the first to learn their fates at the company as soon as Wednesday, he said.

Others will be informed in the coming months — those on the company's tech teams will hear in April, while those laid off from business teams will learn about it in May, he wrote.

Zuckerberg also said the company was striving for a more "optimal ratio of engineers to other roles," though he didn't put a number to it.

Some of the restructuring moves would take longer to implement, he said, noting that international employees, for instance, would be on a separate schedule.

"In a small number of cases, it may take through the end of the year to complete these changes," he said.

Meta has big AI plans

Zuckerberg said that artificial intelligence marks the company's "single largest investment," and added that the company wants it in "every one of our products."

Amid the frenzy over OpenAI's ChatGPT and similar versions of generative AI tools since then, Meta last month unveiled its own new AI model called "LLaMA," which it said was meant to support more research into such tools.

"We have the infrastructure to do this at unprecedented scale and I think the experiences it enables will be amazing," Zuckerberg wrote on Tuesday.

The move appears to mark a shift from his previously hyped metaverse, often described as a kind of virtual digital world. But he said on Tuesday that "building the metaverse and shaping the next generation of computing platforms also remains central to defining the future of social connection."

Zuckerberg warns the economy could stay rough for a while

"At this point, I think we should prepare ourselves for the possibility that thisnew economic reality will continue for many years," he wrote, pointing to factors often cited for the turmoil facing companies and markets, including rising interest rates and "geopolitical instability."

"Given this outlook, we'll need to operate more efficiently than our previous headcount reduction to ensure success," he wrote.

Meta found that early-career engineers may do better working in person more often

Zuckerberg wrote that Meta reviewed its "performance data" and found that early-career engineers were able to do better if they worked with colleagues in person "at least three days a week."

Zuckerberg also added that the analysis "requires further study." The company allows those who can work remotely to apply to do that, while others mostly work in the office, Insider has reported.

Morale is going to take a hit

"I also recognize that the idea of upcoming org changes creates uncertainty and stress," he wrote. "My hope is to make these org changes as soon as possible in the year so we can get past this period of uncertainty and focus on the critical work ahead."

A Meta spokesperson declined to comment.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Pope Leo Warns of Societal Crisis Over Mega-CEO Pay, Citing Tesla’s Proposed Trillion-Dollar Package
Poland Green-Lights NATO Deployment in Response to Major Russian Drone Incursion
U.S. and China Agree on Framework to Shift TikTok to American Ownership
Le Pen Tightens the Pressure on Macron as France Edges Toward Political Breakdown
Czech Republic signs €1.34 billion contract for Leopard 2A8 main battle tanks with delivery from 2028
Penske Media Sues Google Over “AI Overviews,” Claiming It Uses Journalism Without Consent and Destroys Traffic
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
One in Three Europeans Now Uses TikTok, According to the Chinese Tech Giant
Could AI Nursing Robots Help Healthcare Staffing Shortages?
NATO Deploys ‘Eastern Sentry’ After Russian Drones Violate Polish Airspace
The New Life of Novak Djokovic
German police raid AfD lawmaker’s offices in inquiry over Chinese payments
Volkswagen launches aggressive strategy to fend off Chinese challenge in Europe’s EV market
France Erupts in Mass ‘Block Everything’ Protests on New PM’s First Day
Poland Shoots Down Russian Drones in Airspace Violation During Ukraine Attack
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Macron Appoints Sébastien Lecornu as Prime Minister Amid Budget Crisis and Political Turmoil
Vatican hosts first Catholic LGBTQ pilgrimage
Apple Unveils iPhone 17 Series, iPhone Air, Apple Watch 11 and More at 'Awe Dropping' Event
France joins Eurozone’s ‘periphery’ as turmoil deepens, say investors
France Faces New Political Crisis, again, as Prime Minister Bayrou Pushed Out
Nayib Bukele Points Out Belgian Hypocrisy as Brussels Considers Sending Army into the Streets
France, at an Impasse, Heads Toward Another Government Collapse
The Country That Got Too Rich? Public Spending Dominates Norway Election
EU Proposes Phasing Out Russian Oil and Gas by End of 2027 to End Energy Dependence
More Than 150,000 Followers for a Fictional Character: The New Influencers Are AI Creations
EU Prepares for War
Trump Threatens Retaliatory Tariffs After EU Imposes €2.95 Billion Fine on Google
Tesla Board Proposes Unprecedented One-Trillion-Dollar Performance Package for Elon Musk
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Big Tech Executives Laud Trump at White House Dinner, Unveil Massive U.S. Investments
Tether Expands into Gold Sector with Profit-Driven Diversification
‘Looks Like a Wig’: Online Users Express Concern Over Kate Middleton
Florida’s Vaccine Revolution: DeSantis Declares War on Mandates
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
"The Situation Has Never Been This Bad": The Fall of PepsiCo
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
The Fashion Designer Who Became an Italian Symbol: Giorgio Armani Has Died at 91
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Druzhba Pipeline Incident Sparks Geopolitical Tensions
×