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The Backlash League Let Them Eat Tokens
Final Season 22/23
Match report 3 of 123

FTTue 14 Mar 2023

Mark Zuckerberg’s ‘year of efficiency’ now means another 10,000 layoffs and a hiring freeze on 5,000 more jobs

Fortune (via Yahoo Finance)

Mark ZuckerbergMeta
11pitchforks of 25
The PublicCrowd: critical commentary

Memo to Meta employees, published on Meta's newsroom and Zuckerberg's Facebook page

“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. This will be tough and there’s no way around that. ... building AI tools to help engineers write better code faster, enabling us to automate workloads over time”

Mark ZuckerbergMark Zuckerberg14 March 2023
  1. What you'll lose5/5

    About 10,000 jobs and 5,000 open roles.

  2. Condescension2/5

    'There's no way around that.'

  3. Tone-deafness3/5

    The 'Year of Efficiency'; investors cheered.

  4. Doom1/5

    AI to automate engineering work over time.

  5. Hypocrisy0/5

    None.

Full time11 pitchforksof a possible 25

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